Regal Beloit Corporation Announces Third Quarter 2016 Financial Results

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Regal-Beloit (RBC) Tops Q3 EPS by 7c; Guides In-Line

November 7, 2016 7:02 AM EST

Regal-Beloit (NYSE: RBC) reported Q3 EPS of $1.32, $0.07 better than the analyst estimate of $1.25. Revenue for the quarter came in at $809.6 million versus the consensus estimate of $826 million.

GUIDANCE:

Regal-Beloit sees FY2016 EPS of $4.40-$4.50, versus the consensus of... More