Regal Beloit Corporation Announces Second Quarter 2016 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Regal-Beloit (RBC) Tops Q2 EPS by 2c; Updates Outlook
August 8, 2016 4:56 PM EDTRegal-Beloit (NYSE: RBC) reported Q2 EPS of $1.26, $0.02 better than the analyst estimate of $1.24. Revenue for the quarter came in at $836.6 million versus the consensus estimate of $854.87 million.
"We expect our second half organic sales to be down low single digits from prior... More
