Regal-Beloit (RBC) Tops Q1 EPS by 5c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/16/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- SanDisk upgraded at JPMorgan after investor day; shares climb
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Regal Beloit Corporation Announces First Quarter 2015 Financial Results
May 11, 2015 7:00 AM EDTBELOIT, Wis., May 11, 2015 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) today reported a first quarter 2015 diluted earnings per share of $0.81. First quarter 2015 adjusted diluted earnings per share* were $1.21.
Key highlights for the first quarter 2015 financial results versus the prior year first quarter include:
Total net sales grew 14% to $912 million driven by organic growth of 1%, net acquisition growth of 16% and a decline due to foreign currency translation of 3%. Adjusted operating profit of $89 million represented an adjusted operating profit margin of 9.8%, an increase of 40 basis points from... More