Regal Beloit-Regal Rexnord (RRX) Lags Q4 Earnings and Revenue Estimates

Regal Rexnord (RRX) came out with quarterly earnings of $2.34 per share, missing the Zacks Consensus Estimate of$ 2.46 per share. This compares to earnings of $2.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -4.88%. A quarter ago, it was expected that this maker of controls for electric motors would post earnings of$ 2.45 per share when it actually produced earnings of $2.49, delivering a surprise of 1.63%.Over the last f ...