Regal Beloit Corporation Announces First Quarter 2020 Financial Results

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Regal-Beloit (RBC) Tops Q1 EPS by 22c, Withdraws Outlook

May 4, 2020 4:12 PM EDT

Regal-Beloit (NYSE: RBC) reported Q1 EPS of $1.31, $0.22 better than the analyst estimate of $1.09. Revenue for the quarter came in at $734.2 million versus the consensus estimate of $751.48 million.

2020 Outlook

In light of the COVID-19 pandemic, which creates significant uncertainty around, among other factors,... More