Regal Beloit-Regal Rexnord (RRX) Q2 Earnings and Revenues Top Estimates

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 ...