RBC Bearings (ROLL) Misses Q3 EPS by 2c, Revenues Miss; Offers Q4 Revenue Guidance Below Consensus
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RBC Bearings Incorporated Announces Fiscal 2020 Third Quarter Results
February 4, 2020 8:00 AM ESTOXFORD, 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
