Rexnord (RXN) Tops Q3 EPS by 1c

Rexnord (NYSE: RXN) reported Q3 EPS of $0.32, $0.01 better than the analyst estimate of $0.31. Revenue for the quarter came in at $507.1 million versus the consensus estimate of $502.97 million.

The company sees Q4 net sales to be in the range of $540-550 million and adjusted earnings per share to be in a range of $0.54-0.58.” The Street is at EPS of $0.57 and revs of $584.7 million.

For earnings history and earnings-related data on Rexnord (RXN) click here.

You May Also Be Interested In

• Jefferies sees a buying opportunity in this S&P 500 sector
• Jefferies upgrades Five Below to Buy, sees path to TJX-like re-rating
• Wolfe Research upgrades Biogen, AbbVie on pipeline strength and valuation