RBC Bearings (RBC) came out with quarterly earnings of $2.29 per share, missing the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $2.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.43%. A quarter ago, it was expected that this maker of bearings and components would post earnings of $2.37 per share when it actually produced earnings of $2.54, delivering a surprise of 7.17%.Over the last four qu ...

Exhibit 99.1 RBC Bearings Incorporated Announces Fiscal Second Quarter 2025 Results Oxford, CT – November 1, 2024 – RBC Bearings Incorporated (NYSE: RBC), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the second quarter of fiscal 2025. Second Quarter Financial Highlights ● Net sales of $397.9 million increased 3.2% over last year, Aerospace/Defense up 12.5% and In ...

The market expects RBC Bearings (RBC) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on November 1, 2024, might help the stock move higher if these key number ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering RBC Bearings (RBC) , which belongs to the Zacks Manufacturing - General Industrial industry. When looking at the last two reports, this maker of bearings and components has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 6.82%, on average, in the last two quarters. For the last reported quarter, RBC Bearings came ...

A survey conducted by RBC Capital Markets analysts indicates that a sweeping victory by the Republican Party, led by Donald Trump, in the upcoming election is perceived to be the most advantageous outcome for the U.S. stock market. The energy and financial sectors are expected to benefit the most from such a result. According to RBC's U.S. analysts, Trump's triumph on November 5th, coupled with Republicans securing majorities in both the Senate and House of Representatives, represents the best scenario for ...

TORONTO, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Today, RBC iShares expands access to BlackRock's award-winning investment platform with the launch of two active bond ETFs (collectively the iShares Funds).1 The iShares Funds provide clients with the best of BlackRock's fixed income investment insights in liquid, transparent and cost-effective ETFs. The iShares Flexible Monthly Income ETF (XFLI, XFLI.U) invests in the BlackRock Flexible Income ETF (BINC)2, managed by Rick Rieder, Chief Investment Officer of Globa ...

RBC Bearings Incorporated (RBC) is benefiting from strength across its Aerospace/Defense segment. Handsome rewards to shareholders add to the stock's appeal. Headquartered in Oxford, CT, RBC Bearings manufactures and distributes engineered bearings and precision components. The company sells its products through sales experts and uses product managers, marketing managers, customer service representatives and product application engineers in its selling efforts. Its products are sold to a wide variety of ori ...

RBC Bearings (RBC) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Since a chan ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government. S ...

RBC Bearings Incorporated (NYSE:RBC) Q1 2025 Earnings Conference Call August 2, 2024 11:00 AM ET Company Participants Rob Moffatt - Director of IR Michael Hartnett - Chairman, President and CEO Robert Sullivan - VP and CFO Conference Call Participants Kristine Liwag - Morgan Stanley Michael Ciarmoli - Truist Securities Peter Skibitski - Alembic Global Jordan Lyonnais - Bank of America Steve Barger - KeyBanc Capital Markets Vivek Srivastav - Goldman Sachs Tim Thein - Raymond James Operator Greetings, and wel ...