Regal Beloit Corporation Announces Fourth Quarter 2018 Financial Results

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Go back to Regal Beloit Corporation Announces Fourth Quarter 2018 Financial Results

Regal-Beloit (RBC) Sees Strong Gains Following Results

February 5, 2019 11:50 AM EST

Regal-Beloit (NYSE: RBC) is gaining 8.5% following solid earnings after the close.

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Regal-Beloit (RBC) Tops Q4 EPS by 10c, Revenues Beat; Offers FY19 EPS Mid-Point Guidance Below Consensus

February 4, 2019 4:24 PM EST

Regal-Beloit (NYSE: RBC) reported Q4 EPS of $1.41, $0.10 better than the analyst estimate of $1.31. Revenue for the quarter came in at $881.7 million versus the consensus estimate of $865.01 million.

"The fourth quarter was a strong close to a record year. Organic sales were up 5.2% and adjusted EPS... More