RBC Bearings Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Group 1 - RBC Bearings is set to release its fourth-quarter earnings results on May 16, with expected earnings of $2.7 per share, an increase from $2.47 per share in the same period last year [1] - The company projects quarterly revenue of $440.26 million, compared to $413.68 million a year earlier [1] - RBC Bearings reported better-than-expected third-quarter financial results and provided fourth-quarter net sales guidance above estimates [2] Group 2 - RBC Bearings shares increased by 0.8%, closing at $367.27 [3] - Analysts have varying ratings on RBC Bearings, with Truist Securities maintaining a Buy rating but lowering the price target from $410 to $375 [8] - Morgan Stanley and Keybanc both maintained Overweight ratings, with Morgan Stanley raising the price target from $360 to $390 and Keybanc increasing it from $375 to $395 [8]