Regal Rexnord Corporation (RRX) Misses Q3 EPS by 42c, Cuts Guidance

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REGAL REXNORD REPORTS THIRD QUARTER 2023 FINANCIAL RESULTS, INCLUDING STRONG FREE CASH FLOW

November 1, 2023 4:15 PM EDT

MILWAUKEE, Nov. 1, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX)

Strong Free Cash Flow* Of $161.5 MillionPaid Down $185 Million Of Gross Debt In The Quarter; Net Debt To Normalized Adjusted EBITDA* Is 3.86Reached An Agreement To Sell Our Industrial Motors & Generators Businesses For $400 MillionSales Up 24.5% Versus... More