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Stock impact report

Regal Rexnord: Q4 Earnings Snapshot [Yahoo! Finance]

Regal Rexnord Corporation (RRX) 
Company Research Source: Yahoo! Finance
The Milwaukee-based company said it had net income of 84 cents per share. Earnings, adjusted for one-time gains and costs, came to $2.28 per share. The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $2.26 per share. The maker of controls for electric motors posted revenue of $1.61 billion in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $1.62 billion. For the year, the company reported a loss of $57.4 million, or 87 cents per share. Revenue was reported as $6.25 billion. Regal Rexnord expects full-year earnings in the range of $9.75 to $10.55 per share. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RRX at https://www.zacks.com/ap/RRX Show less Read more
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