RBC Bearings (ROLL) Reports In-Line Q3 EPS, Q4 Revenue Guidance Misses

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RBC Bearings Incorporated Announces Fiscal 2019 Third Quarter Results

February 5, 2019 8:00 AM EST

OXFORD, Conn.--(BUSINESS WIRE)-- RBC Bearings Incorporated (Nasdaq: ROLL), a leading international manufacturer of highly-engineered precision bearings and components for the industrial, defense and aerospace industries, today reported results for the third quarter of fiscal year 2019.

Highlights for the Third Quarter Fiscal 2019

Organic Net Sales up 6.5% Year-Over-Year Gross Margin percentage 39.7% up from 38.8% Last Year Adjusted Operating Income 21.4% up from 20.6% Last Year Adjusted Fully Diluted EPS $1.15 up from $1.05 Last Year

Third Quarter Highlights

($ in millions) Fiscal 2019 Fiscal 2018 Change GAAP Adjusted (1) GAAP Adjusted (1) GAAP Adjusted (1) Net sales $171.5 $171.5 $166.9 $166.9 2.8%... More