Wedbush Downgrades Rexnord (RXN) to Neutral

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Rexnord (RXN) Reports In-Line Q4 EPS, Q1 & FY16 Guidance Comes in Light

May 20, 2015 4:03 PM EDT

Rexnord (NYSE: RXN) reported Q4 EPS of $0.54, in-line with the analyst estimate of $0.54. Revenue for the quarter came in at $519 million versus the consensus estimate of $547.87 million.

Rexnord sees FY2016 EPS of $1.53-$1.63, versus the consensus of $1.52.

Rexnord sees Q1 2016 EPS of... More