Regal Rexnord Corp is a leading provider of precision motion control and power transmission solutions
The company designs and manufactures a wide range of engineered components that aid in the efficient movement of machinery across various industries, including industrial, commercial, and consumer applications. Regal Rexnord focuses on innovation and sustainability, offering advanced technologies that enhance productivity and reduce energy consumption for its customers. With a commitment to quality and performance, the company serves a diverse global market, helping to improve operational efficiency and drive customer success through its comprehensive portfolio of products and services.
Industrials businesses quietly power the physical things we depend on, from cars and homes to e-commerce infrastructure. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow.
Due to this bearish outlook, the industry has tumbled by 7.5% over the past six months. This drawdown was disheartening since the S&P 500 held steady.
Earnings results often indicate what direction a company will take in the months ahead. With Q4 behind us, let’s have a look at Applied Industrial (NYSE:AIT) and its peers.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the engineered components and systems stocks, including Gates Industrial Corporation (NYSE:GTES) and its peers.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the engineered components and systems stocks, including Timken (NYSE:TKR) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at NN (NASDAQ:NNBR) and the best and worst performers in the engineered components and systems industry.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Graham Corporation (NYSE:GHM) and the rest of the engineered components and systems stocks fared in Q4.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Regal Rexnord (NYSE:RRX) and the rest of the engineered components and systems stocks fared in Q4.
Industrials products and automation company Regal Rexnord (NYSE:RRX). missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 9.1% year on year to $1.46 billion. Its non-GAAP profit of $2.34 per share was 5.2% below analysts’ consensus estimates.
Industrials products and automation company Regal Rexnord (NYSE:RRX).
will be announcing earnings results tomorrow afternoon. Here’s what you need to know.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at engineered components and systems stocks, starting with Regal Rexnord (NYSE:RRX).
Regal Rexnord’s 20.4% return over the past six months has outpaced the S&P 500 by 6.2%, and its stock price has climbed to $172.86 per share. This run-up might have investors contemplating their next move.
Industrials products and automation company Regal Rexnord (NYSE:RRX). fell short of the market’s revenue expectations in Q3 CY2024, with sales falling 10.4% year on year to $1.48 billion. Its non-GAAP profit of $2.49 per share was in line with analysts’ consensus estimates.
