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Regal Rexnord Corporation to Host Fourth Quarter 2024 Earnings Conference Call on Thursday, February 6, 2025
Prnewswire· 2025-01-10 13:00
MILWAUKEE, Jan. 10, 2025 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its fourth quarter 2024 financial results after the market closes on Wednesday, February 5, 2025.Regal Rexnord will host a conference call to discuss the earnings release at 9:00 am CT (10:00 am ET) on Thursday, February 6, 2025. To listen to the live audio and view the presentation during the call, please visit Regal Rexnord's Investor website: https://investors.regalrexnord.com. To liste ...
Regal Beloit(RRX) - 2024 Q3 - Earnings Call Transcript
2024-11-05 22:09
Regal Rexnord Corporation (NYSE:RRX) Q3 2024 Earnings Call Transcript November 5, 2024 10:00 AM ET Company Participants Rob Barry - IR Louis Pinkham - CEO Rob Rehard - CFO Conference Call Participants Mike Halloran - Baird Jeff Hammond - KeyBanc Capital Markets Julian Mitchell - Barclays Nigel Coe - Wolfe Research Joe Ritchie - Goldman Sachs Christopher Glynn - Oppenheimer Operator Good morning and welcome to Regal Rexnord Third Quarter 2024 Earnings Call. All participants will be in listen-only mode. [Oper ...
Regal Beloit(RRX) - 2024 Q3 - Earnings Call Presentation
2024-11-05 21:04
&RegalRexnord Creating a better tomorrow™… Third Quarter 2024 Earnings November 5, 2024 Louis Pinkham, Chief Executive Officer Rob Rehard, Executive Vice President, Chief Financial Officer Motion Control Solutions Industrial Systems 3Q 2024 FORWARD LOOKING STATEMENTS AND NON-GAAP FINANCIAL MEASURES All statements in this communication, other than those relating to historical facts, are "forward-looking statements." Forward-looking statements can generally be identified by their use of terms such as "anticip ...
Regal Beloit(RRX) - 2024 Q3 - Quarterly Report
2024-11-05 19:11
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 001-07283 REGAL REXNORD CORPORATION (Exact name of registrant as specified in its charter) Wisconsin 39-0875718 (State or other jurisdiction of incorporation)(IRS Employer I ...
Regal Beloit(RRX) - 2024 Q3 - Quarterly Results
2024-11-05 11:45
FOR RELEASE ON: November 4, 2024 CONTACT: Robert Barry VP - Investor Relations 608-361-7530 robert.barry@regalrexnord.com REGAL REXNORD REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS MILWAUKEE, WI - Regal Rexnord Corporation (NYSE: RRX) 3Q Highlights • GAAP Diluted EPS Of $1.09, Adjusted Diluted EPS* Of $2.49, Up 18.6% Versus PY • Paid Down $114 Million Of Gross Debt In 3Q, $733 Million Year-To-Date. On Track To Pay Down ~$900 Million Of Debt In The Year. Net Debt/Adjusted EBITDA (Including Synergies)* Of ~3. ...
Regal Rexnord (RRX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-05 00:36
For the quarter ended September 2024, Regal Rexnord (RRX) reported revenue of $1.48 billion, down 10.5% over the same period last year. EPS came in at $2.49, compared to $2.10 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.51 billion, representing a surprise of -2.09%. The company delivered an EPS surprise of +1.63%, with the consensus EPS estimate being $2.45.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ...
Regal Rexnord (RRX) Q3 Earnings Top Estimates
ZACKS· 2024-11-04 23:55
Regal Rexnord (RRX) came out with quarterly earnings of $2.49 per share, beating the Zacks Consensus Estimate of $2.45 per share. This compares to earnings of $2.10 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.63%. A quarter ago, it was expected that this maker of controls for electric motors would post earnings of $2.14 per share when it actually produced earnings of $2.29, delivering a surprise of 7.01%.Over the last fo ...
REGAL REXNORD REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS
Prnewswire· 2024-11-04 21:15
MILWAUKEE, Nov. 4, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX)3Q Highlights GAAP Diluted EPS Of $1.09, Adjusted Diluted EPS* Of $2.49, Up 18.6% Versus PY Paid Down $114 Million Of Gross Debt In 3Q, $733 Million Year-To-Date. On Track To Pay Down ~$900 Million Of Debt In The Year. Net Debt/Adjusted EBITDA (Including Synergies)* Of ~3.6x Adjusted Free Cash Flow* Of $125.5 Million Sales Of $1,477.4 Million, Down 10.4% Versus PY; Down 2.7% On An Organic* Basis GAAP Gross Margin Of 37.7%; Adjusted ...
What Analyst Projections for Key Metrics Reveal About Regal Rexnord (RRX) Q3 Earnings
ZACKS· 2024-10-30 14:20
Wall Street analysts forecast that Regal Rexnord (RRX) will report quarterly earnings of $2.45 per share in its upcoming release, pointing to a year-over-year increase of 16.7%. It is anticipated that revenues will amount to $1.51 billion, exhibiting a decline of 8.5% compared to the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Pr ...
Regal Rexnord Corporation Declares Quarterly Dividend of $.35 per share
Prnewswire· 2024-10-24 21:15
MILWAUKEE, Wis., Oct. 24, 2024 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting held on October 24, 2024, declared a dividend of $0.35 per share. The dividend is payable on January 14, 2025, to shareholders of record at the close of business on December 31, 2024. The company has paid a dividend every quarter since January 1961.About Regal RexnordRegal Rexnord's 30,000 associates around the ...