Regal Rexnord Corporation (RRX) Tops Q4 EPS by 4c

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REGAL REXNORD REPORTS FOURTH QUARTER 2023 FINANCIAL RESULTS, CAPPING OFF A YEAR OF RECORD ANNUAL ADJUSTED FREE CASH FLOW AND SIGNIFICANT PORTFOLIO TRANSFORMATION

February 7, 2024 4:15 PM EST

MILWAUKEE, Feb. 7, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX)

Fourth Quarter Highlights

GAAP Diluted EPS Of $0.84 And Adjusted Diluted EPS* Of $2.28, Delivering On Prior CommitmentsStrong Adjusted Free Cash Flow* Of $170.9 MillionPaid Down $116.7 Million Of Gross Debt; Net Debt Declined By $153.2 Million; Net Debt To Pro Forma Adjusted EBITDA (Including Synergies)* Is Now... More