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REGAL REXNORD REPORTS THIRD QUARTER 2024 FINANCIAL RESULTS
RRXRegal Beloit(RRX) Prnewswire·2024-11-04 21:15

MILWAUKEE, Nov. 4, 2024 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX)3Q Highlights GAAP Diluted EPS Of 1.09,AdjustedDilutedEPSOf1.09, Adjusted Diluted EPS* Of 2.49, Up 18.6% Versus PY Paid Down 114MillionOfGrossDebtIn3Q,114 Million Of Gross Debt In 3Q, 733 Million Year-To-Date. On Track To Pay Down ~900MillionOfDebtInTheYear.NetDebt/AdjustedEBITDA(IncludingSynergies)Of 3.6xAdjustedFreeCashFlowOf900 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 ...