Rexnord (RXN) Reports In-Line Q2 EPS
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/15/2026
- S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
- IBM plunges 19% as memory capex squeeze derails Q2 earnings
- Fed’s Warsh says central bank won’t tolerate high inflation
- Software stocks tumble: High memory prices cannibalize enterprise tech capex
- AstraZeneca stock dips as HSBC downgrades stock on 'tough path ahead'
- IBM misses Q2 targets as mainframe and software sales disappoint
- Verizon planning new round of layoffs this week - Barron’s
- Kosovo bans Serb minister over ethnic cleansing remarks
- Lucid Group shares quickly cut in half on report of potential bankruptcy
- S&P 500 and Nasdaq end higher on cool inflation data, solid bank earnings
Rexnord Reports Q2 FY2017 Financial Results
November 2, 2016 4:09 PM EDTCall scheduled for Thursday, November 3, 2016 at 8:00 a.m. Eastern Time
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (NYSE: RXN):
Second Quarter Highlights
Net sales were $491 million and up 1% year over year. Core sales(1) declined 2%, excluding a 1% impact from the RHF product line exit, while acquisitions contributed 4%. GAAP diluted earnings per share from continuing operations was $0.24, compared with $0.22 in the prior year. GAAP net income was $25 million, or 5% of net sales. Adjusted earnings per share(1) was $0.38, compared with $0.36 in the prior year.... More