Financial Performance - Net sales for the three months ended March 31, 2025, were $1,418.1 million, a decrease of 8.3% compared to $1,547.7 million for the same period in 2024[12]. - Gross profit for the same period was $527.6 million, down from $553.1 million, reflecting a gross margin of 37.2%[12]. - Net income attributable to Regal Rexnord Corporation increased to $57.3 million, compared to $19.8 million in the prior year, representing a growth of 189.4%[12]. - Earnings per share attributable to Regal Rexnord Corporation were $0.86, significantly higher than $0.30 for the same quarter last year[12]. - Comprehensive income for the three months ended March 31, 2025, was $181.9 million, compared to a loss of $67.5 million in the prior year[14]. - Net income for the three months ended March 31, 2025, was $57.5 million, compared to $20.4 million for the same period in 2024, representing an increase of 181.8%[21]. - The company reported a consolidated income from operations of $159.7 million for Q1 2025, an increase from $133.9 million in Q1 2024[114]. Assets and Liabilities - Total assets as of March 31, 2025, were $14,032.3 million, slightly down from $14,033.7 million at the end of 2024[16]. - Current liabilities increased to $1,218.4 million from $1,215.7 million, with accounts payable rising to $589.3 million[16]. - Long-term debt decreased to $5,291.8 million from $5,452.7 million, indicating a reduction in leverage[16]. - Cash and cash equivalents were $305.3 million, down from $393.5 million at the end of 2024[16]. - Total debt as of March 31, 2025, was $5,296.9 million, a decrease from $5,457.7 million as of December 31, 2024[54]. - As of March 31, 2025, total current assets were $1,165.6 million, an increase from $1,132.2 million as of December 31, 2024[139]. Cash Flow and Capital Expenditures - Net cash provided by operating activities increased to $102.3 million in Q1 2025 from $83.1 million in Q1 2024, a growth of 23.0%[21]. - Cash flow provided by operating activities increased by $19.2 million to $102.3 million for the three months ended March 31, 2025, compared to $83.1 million in 2024[124]. - Cash flow used in investing activities decreased to $3.5 million for the three months ended March 31, 2025, from $17.5 million in the same period in 2024[125]. - Capital expenditures for the three months ended March 31, 2025, totaled $16.8 million[47]. - The company anticipates capital spending for property, plant, and equipment to be approximately $120 million in 2025[126]. Segment Performance - North America generated $1,002.3 million in revenue for Q1 2025, accounting for 70.6% of total revenue, while Asia contributed $95.0 million, representing 6.7%[29]. - The Automation & Motion Control segment reported net sales of $396.3 million, a decrease of $3.9 million or 1.0% compared to Q1 2024, with a negative foreign currency translation impact of 1.4%[117]. - The Industrial Powertrain Solutions segment had net sales of $612.7 million, a decrease of $30.7 million or 4.8% compared to Q1 2024, with an organic sales decline of 3.4%[118]. - The Power Efficiency Solutions segment achieved net sales of $409.1 million, an increase of $23.8 million or 6.2% compared to Q1 2024, driven by an organic sales increase of 8.0%[119]. Tax and Interest - The effective tax rate for the three months ended March 31, 2025, was 21.2%, a decrease from 34.8% for the same period in 2024, primarily due to a non-deductible loss from the divestiture of the industrial motors and generators businesses[70]. - The average daily balance in borrowings under the Multicurrency Revolving Facility was $81.4 million for the three months ended March 31, 2025, compared to $98.5 million for the same period in 2024[61]. - The company paid $76.9 million in interest during the three months ended March 31, 2025, compared to $94.8 million in the same period of 2024, a reduction of 18.9%[21]. Shareholder Actions - The company declared dividends of $0.35 per share, totaling $23.2 million for the quarter[18]. - The Company authorized a share repurchase program of up to $500.0 million, with $145.0 million remaining available for purchase as of March 31, 2025[167]. - Curtis Stoelting terminated a Rule 10b5-1 trading arrangement on February 14, 2025, which allowed for the potential sale of up to 4,500 shares[168]. - A new Rule 10b5-1 trading arrangement was entered into by Mr. Stoelting for the sale of up to 9,000 shares, effective May 26, 2025[169]. Derivatives and Hedging - The Company has commodity forward contracts to hedge forecasted purchases of commodities, with a notional amount of $56.0 million for copper as of March 31, 2025[84]. - The Company had currency forward contracts with a notional amount of $1,227.5 million for euros as of March 31, 2025[84]. - The fair value of derivative currency contracts as of March 31, 2025, was $18.7 million, compared to $1.0 million on December 31, 2024[92]. - The company recorded an estimated liability for incurred claims related to sub-fractional motors, but cannot assure that these claims will not materially affect its subsidiary's financial condition[74]. - The company is exposed to foreign currency risks from operations, including translation of local currency balances and intercompany loans, and aims to minimize this exposure through foreign currency exchange contracts[146]. Restructuring and Future Outlook - The restructuring costs for the three months ended March 31, 2025, totaled $9.8 million, slightly up from $9.3 million in the same period of 2024[96]. - The company expects to incur approximately $16.8 million in future restructuring charges throughout the remainder of 2025[96]. - The company plans to mitigate the impact of current tariffs on 2025 earnings through various actions[113]. - The company expects to incur increased costs due to tariffs imposed by the US government and retaliatory tariffs from other countries, which may impact financial results[159].

Regal Rexnord (RRX) Q1 2025 Earnings Call May 06, 2025 10:00 AM ET Speaker0 Good day, and welcome to the Regal Rexnord First Quarter Earnings Call. All participants will be in listen only mode. After today's presentation, there will be an opportunity to ask questions. Please note this event is being recorded. I would now like to turn the conference over to Rob Barry, Vice President of Investor Relations. Please go ahead. Speaker1 Great. Thank you, operator. Good morning and welcome to Regal Rexnord's first ...

Creating a better tomorrow™… First Quarter 2025 Earnings May 6, 2025 Louis Pinkham, Chief Executive Officer Industrial Rob Rehard, Executive Vice President, Chief Financial Officer Motion Control Solutions Systems 1Q 2025 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 "anticipate," "believe," "c ...

FOR RELEASE ON: May 5, 2025 CONTACT: Robert Barry VP - Investor Relations 608-361-7530 robert.barry@regalrexnord.com REGAL REXNORD REPORTS STRONG FIRST QUARTER 2025 FINANCIAL RESULTS MILWAUKEE, WI - Regal Rexnord Corporation (NYSE: RRX) 1Q Highlights FY Guidance CEO Louis Pinkham commented, "First quarter marked a strong start to the year, with all segments exceeding guidance, in some cases by wide margins. As an enterprise, we delivered positive organic growth, further gains in adjusted gross margin and ad ...

For the quarter ended March 2025, Regal Rexnord (RRX) reported revenue of $1.42 billion, down 8.4% over the same period last year. EPS came in at $2.15, compared to $2.00 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.37 billion, representing a surprise of +3.44%. The company delivered an EPS surprise of +18.13%, with the consensus EPS estimate being $1.82.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...

Financial Performance - Regal Rexnord reported quarterly earnings of $2.15 per share, exceeding the Zacks Consensus Estimate of $1.82 per share, and up from $2 per share a year ago, representing an earnings surprise of 18.13% [1] - The company posted revenues of $1.42 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.44%, but down from $1.55 billion year-over-year [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.39 on revenues of $1.48 billion, and for the current fiscal year, it is $9.77 on revenues of $5.85 billion [7] - The estimate revisions trend for Regal Rexnord is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Market Performance - Regal Rexnord shares have declined approximately 28% since the beginning of the year, contrasting with the S&P 500's decline of 3.3% [3] - The Manufacturing - General Industrial industry, to which Regal Rexnord belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, suggesting potential challenges ahead [8]

MILWAUKEE, May 5, 2025 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX)1Q Highlights Diluted EPS Of $0.86; Adjusted Diluted EPS Of $2.15, Up 7.5% Versus PY, And Up 10% Excluding Industrial Systems Paid Down $164 Million Of Gross Debt In 1Q. Net Debt/Adjusted EBITDA (Including Synergies) Of ~3.6x Cash From Operating Activities Of $102.3 Million; Free Cash Flow Of $85.5 Million, Up 32.4% Versus PY 1Q Daily Orders Up 3.3%, Excluding Currency Impacts, Versus PY Sales Of $1,418.1 Million, Down 8.4% Versus P ...

Milwaukee-based manufacturer Regal Rexnord Corp RRX may be down, but Andreas Halvorsen's Viking Global Investors is clearly not out. What Happened: An April 18 13G filing revealed the $30.9 billion hedge fund scooped up 2.68 million shares of the industrial components maker on April 11 — marking a jaw-dropping 309.19% increase in its RRX stake.While the stock has tumbled 39.91% over the past year and is already down 35.81% in 2025 alone, Halvorsen's move signals he sees more torque than trouble under the ho ...

MILWAUKEE, April 8, 2025 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its first quarter 2025 financial results after the market closes on Monday, May 5, 2025. Regal Rexnord will host a conference call to discuss the earnings release at 9:00 am CT (10:00 am ET) on Tuesday, May 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 listen by phone or ...

Company Overview - Regal Rexnord Corporation operates globally with 30,000 associates, providing sustainable solutions that power, transmit, and control motion [3] - The company offers electric motors, air moving subsystems, and a portfolio of power transmission components for industrial applications [3] - Regal Rexnord's automation offerings include controllers, drives, precision motors, and actuators for various applications [3] Market Segments - The company serves multiple end markets, including factory automation, food & beverage, aerospace, medical, data centers, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture [4] - These markets benefit from significant secular demand tailwinds, indicating strong growth potential [4] Business Structure - Regal Rexnord is organized into three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control [5] - The company is headquartered in Milwaukee, Wisconsin, with manufacturing, sales, and service facilities worldwide [5] Recent Developments - The CEO and CFO presented at the Bank of America Global Industrials Conference 2025, discussing the company's strategy, growth initiatives, capital deployment, and plans to mitigate tariff impacts [1]