MILWAUKEE, July 31, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) 2Q Highlights GAAP Diluted EPS Of $0.94, Adjusted Diluted EPS* Of $2.29 Adjusted Free Cash Flow* Of $136.4 Million; On Track To Full Year Outlook Of ~$700 Million Paid Down $480.9 Million Of Gross Debt. On Track To Pay Down ~$900 Million Of Debt In The Year Net Debt/Adjusted EBITDA (Including Synergies) Now ~3.6x Sales Of $1,547.6 Million, Down 12.5% Versus PY; Down 7.0% On An Organic Basis Excluding Industrial** GAAP Gross Margi ...

The market expects Regal Rexnord (RRX) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 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. Zacks Consensus Estimate Estimate Revisions Trend Earnings Whisper A positive Earnings ESP is a strong predictor of an earnings beat, ...

MILWAUKEE, July 22, 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 July 21, 2024, declared a dividend of $0.35 per share. The dividend is payable on October 11, 2024, to shareholders of record at the close of business on September 27, 2024. The company has paid a dividend every quarter since January 1961. About Regal Rexnord Regal Rexnord's 30,000 associates around the world ...

Regal Rexnord will host a conference call to discuss the earnings release at 9:00 am CT (10:00 am ET) on Thursday, August 1, 2024. 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 to ask the presenters a question, dial 1-877-264-6786 (U.S. callers) or +1.412.317.5177 (international callers) and enter 6649193# when prompted. Regal Rexnord's 30,000 associates around the world help cre ...

Before turning the call over to the operator for questions, I wanted to underline a couple of points Louis shared in his remarks. Over 1,000 basis points of adjusted gross margin improvement in the last four years and a path of 40% exiting next year. A similar path to over $1 billion in annual adjusted free cash flow and a transformed portfolio that has dramatically shifted to more durable products and markets served. Louis Pinkham Hi, good morning. Maybe... Julian Mitchell On the -- your second question on ...

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 March 31, 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 (IRS Employer incorporation) Iden ...

FOR RELEASE ON: May 6, 2024 CONTACT: Robert Barry, VP - Investor Relations 608-361-7530 robert.barry@regalrexnord.com REGAL REXNORD REPORTS FIRST QUARTER 2024 FINANCIAL RESULTS CLOSED ON SALE OF INDUSTRIAL SYSTEMS BUSINESS, COMPLETING PLANNED STRATEGIC PORTFOLIO TRANSFORMATION, WITH NET PROCEEDS TO BE USED FOR DEBT REDUCTION ANNOUNCED UPDATED BUSINESS PURPOSE TO ALIGN WITH TRANSFORMED BUSINESS PORTFOLIO We Create A Better Tomorrow With Sustainable Solutions That Power, Transmit & Control Motion MILWAUKEE, W ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact Name of Registrant as Specified in Its Charter) Wisconsin 39-0875718 (State of Incorporation) (IRS Employer Identification No.) 111 West Michigan Street, Milwaukee, Wisconsin 53203 (Address of principal executive offices) (608) 364-8800 (Registrant's telephone number, including area code) FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 Comm ...

Creating a better tomorrow™… Louis Pinkham, Chief Executive Officer Rob Rehard, Executive Vice President, Chief Financial Officer 4Q 2023 FORWARD LOOKING STATEMENTS 4Q 2023 In addition to these non-GAAP measures, we use the term "organic sales growth" and "pro forma organic sales growth" to refer to the increase in our sales between periods that is attributable to organic sales. "Organic sales" refers to GAAP sales from existing operations excluding any sales from acquired businesses recorded prior to the f ...

Louis Pinkham Good morning. Jeff Hammond Just – the EBITDA margins, I think you're guiding to '22. I think at a conference in the fall, you said, hey, we can get to 25% by '25, so big leap. But I understand industrial comes out. So I'm just wondering if you could level set us on. One, you're confident in that 25% by '25. And two, what '24 would look like if you kind of took out industrial for the full year? Louis Pinkham Yes. So Jeff, thanks for the question. The comment that was made in the fall was exitin ...