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

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

Regal Beloit Corporation Announces Fourth Quarter 2018 Financial Results

February 4, 2019 4:18 PM EST

BELOIT, Wis., Feb. 4, 2019 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) today reported fourth quarter 2018 diluted earnings per share of $1.28, up 11% from the prior year. Fourth quarter 2018 adjusted diluted earnings per share* were $1.41, up 23% from the prior year. Full year 2018 diluted earnings per share were $5.26, up 11% from the prior year. Full year 2018 adjusted diluted earnings per share were $6.00, up 23% from the prior year.

Key financial results for the fourth quarter 2018 included:

Total net sales of $881.7 million increased 7.4% from the prior year and included a negative 1.4% impact... More