RBC Bearings (ROLL) Misses Q3 EPS by 2c, Revenues Miss; Offers Q4 Revenue Guidance Below Consensus

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Go back to RBC Bearings (ROLL) Misses Q3 EPS by 2c, Revenues Miss; Offers Q4 Revenue Guidance Below Consensus

RBC Bearings Incorporated Announces Fiscal 2020 Third Quarter Results

February 4, 2020 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 2020.

Key Highlights

- Net sales of $177.0 million up 3.2% compared to the prior year quarter and up 3.6% organically
- Adjusted fully diluted EPS of $1.22 up from $1.15 in the third quarter last year
- Backlog of $477.7 million up 11.6% year over year

Third Quarter Financial Highlights

($ in... More