Core Viewpoint - Regal Rexnord Corporation is set to release its third quarter 2024 financial results on November 4, 2024, after market close [1] Financial Results Announcement - The earnings conference call will take place on November 5, 2024, at 9:00 am CT (10:00 am ET) [2] - A webcast replay and telephone replay will be available for three months following the earnings call [3] Company Overview - Regal Rexnord employs 30,000 associates globally, focusing on sustainable solutions for motion control [3] - The company offers electric motors, air moving subsystems, and a range of power transmission components for industrial applications [3] Market Segments - Regal Rexnord serves various end markets, including factory automation, food & beverage, aerospace, medical, data centers, and alternative energy [4] - The company operates in three segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control [5]

If management's predictions are accurate, the company is in for a period of sustained growth. Electric motor specialist Regal Rexnord (RRX -2.63%) was quite the motor of growth over the past few trading sessions. The company's shares were a bright spot on the market, rising by more than 9% over the week, according to data compiled by S&P Global Market Intelligence. Management gave fresh estimates for the coming years, and investors clearly liked what they heard. Guiding for growth Regal Rexnord held its 202 ...

MILWAUKEE, Sept. 13, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) today published its annual Sustainability Report, including progress towards its 2032 sustainability goals. The report provides an update on how sustainability, social considerations, and good governance are intertwined with the Company's growth strategy: Developing innovative products and sustainable solutions that customers value, while intentionally factoring environmental considerations into how they are designed and manufac ...

Suriphon Singha/iStock via Getty Images The last year and a half has been a little more challenging for Regal Rexnord (RRX) than I'd expected. While the integration of Altra seems to be going well, and I'm still bullish on the company's long-term leverage to automation, end-market expansion, and margin leverage, weakness in factory automation has hit even harder than I'd expected. With that, the shares have produced a mid-single-digit return since that last update, lagging the broader industrial space and d ...

Regal Rexnord Corporation (NYSE:RRX) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Rob Barry - VP, Investor Relations Louis Pinkham - CEO & Director Rob Rehard - EVP & 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 day and welcome to the Regal Rexnord Second Quarter 2024 Earnings Call. All participant ...

riRegalRexnord Creating a better tomorrow™… Second Quarter 2024 Earnings August 1, 2024 Louis Pinkham, Chief Executive Officer Rob Rehard, Executive Vice President, Chief Financial Officer Motion Control Solutions Industrial Systems 2Q 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 ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Large Accelerated Filer ☒ Accelerated Filer ☐ Non-accelerated filer ☐ Smaller Reporting Company ☐ Emerging growth company ☐ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 for the quarterly period ended June 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 reg ...

FOR RELEASE ON: July 31, 2024 CONTACT: Robert Barry VP - Investor Relations 608-361-7530 robert.barry@regalrexnord.com REGAL REXNORD REPORTS STRONG SECOND QUARTER 2024 FINANCIAL RESULTS MILWAUKEE, WI - 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 De ...

Regal Rexnord (RRX) reported $1.55 billion in revenue for the quarter ended June 2024, representing a yearover-year decline of 12.5%. EPS of $2.29 for the same period compares to $2.56 a year ago. The reported revenue represents a surprise of +2.45% over the Zacks Consensus Estimate of $1.51 billion. With the consensus EPS estimate being $2.14, the EPS surprise was +7.01%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street ...

Regal Rexnord (RRX) came out with quarterly earnings of $2.29 per share, beating the Zacks Consensus Estimate of $2.14 per share. This compares to earnings of $2.56 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 7.01%. A quarter ago, it was expected that this maker of controls for electric motors would post earnings of $1.98 per share when it actually produced earnings of $2, delivering a surprise of 1.01%. Over the last fou ...