RBC Bearings (ROLL) Tops Q2 EPS by 6c, Revenues Miss

October 30, 2020 8:05 AM

RBC Bearings (NASDAQ: ROLL) reported Q2 EPS of $0.93, $0.06 better than the analyst estimate of $0.87. Revenue for the quarter came in at $146.3 million versus the consensus estimate of $150.54 million.

“Our second quarter results showed strong profitability from our core products” said Michael J. Hartnett, Chairman and Chief Executive Officer. “Looking to the back half of the fiscal year, we remain committed to the preservation of our healthy balance sheet and taking great advantage of our resources to develop new products to address the emerging and urgent needs presented by both space and defense markets.”

For earnings history and earnings-related data on RBC Bearings (ROLL) click here.

Categories

Corporate News Earnings Management Comments

Next Articles