Regal Beloit Corporation Announces Fourth Quarter 2019 Financial Results

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Regal-Beloit (RBC) Tops Q4 EPS by 2c, Offers FY Guidance

February 3, 2020 5:19 PM EST

Regal-Beloit (NYSE: RBC) reported Q4 EPS of $1.25, $0.02 better than the analyst estimate of $1.23. Revenue for the quarter came in at $738.2 million versus the consensus estimate of $736.31 million.

GUIDANCE:

Regal-Beloit sees FY2020 EPS of $5.65-$6.05, versus the consensus of $5.78.

"We are providing adjusted diluted earnings per share guidance of $5.65 to $6.05, an... More