Rexnord Reports Q4 Adjusted Earnings Per Share $0.51 [Reuters]
Rexnord Corporation (RXN)
Last rexnord corporation earnings: 1/28 04:20 pm
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phx.corporate-ir.net/phoenix.zhtml?c=202367&p=irol-irhome
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Source: Reuters
Rexnord Corp (RXN.N) Key Developments | Reuters.com May 8 (Reuters) - Rexnord Corp ::REXNORD REPORTS RECORD FY2019 FINANCIAL RESULTS AND INITIATES FY2020 OPERATING OUTLOOK.Q4 ADJUSTED EARNINGS PER SHARE $0.51.Q4 EARNINGS PER SHARE ESTIMATE $0.47 -- REFINITIV IBES DATA.QTRLY EARNINGS PER SHARE $0.38.QTRLY NET INCOME FROM CONTINUING OPERATIONS WAS $48 MILLION (DILUTED EPS OF $0.39).INITIAL OUTLOOK FOR FISCAL 2020 IS BASED ON ASSUMPTION OF LOW-SINGLE-DIGIT CORE GROWTH FOR FULL YEAR.SEES 2020 GAAP NET INCOME TO BE IN A RANGE OF $180 MILLION TO $190 MILLION.SEES 2020 ADJUSTED EBITDA TO BE IN A RANGE OF $460 MILLION TO $475 MILLION, FREE CASH FLOW TO EXCEED NET INCOME.EXPECT OVERALL DEMAND FROM CORE NORTH AMERICAN NONRESIDENTIAL CONSTRUCTION MARKETS WILL CONTINUE TO EXPAND IN FISCAL 2020.Q4 EARNINGS PER SHARE FROM CONTINUING OPERATIONS $0.39.QTRLY NET SALES $537.5 MILLION VERSUS $517.9 MILLION.Q4 REVENUE VIEW $543.9 MILLION -- REFINITIV IBES DATA. Full Article Oct 30 (Reuters) - Rexnord
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