Regal-Beloit (RBC) Tops Q1 EPS by 12c, Updates FY EPS Guidance
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 2017 Financial Results
May 8, 2017 4:05 PM EDTBELOIT, Wis., May 8, 2017 /PRNewswire/ --
Diluted Earnings Per Share Up 9.7% 2017 Diluted Earnings per Share Guidance IncreasedRegal Beloit Corporation (NYSE: RBC) today reported first quarter 2017 diluted earnings per share of $1.02, up 9.7% from the prior year. First quarter 2017 adjusted diluted earnings per share* were $1.07, up 12.6% from the prior year.
Key financial results for the first quarter 2017 included:
Total net sales of $813.5 million decreased 0.6% from the prior year and included a negative 0.6% foreign currency translation impact and a negative 0.6% divestiture... More