Investing.com - Regal Beloit (NYSE: RRX) reported third quarter EPS of $2.17, $0.13 better than the analyst estimate of $2.04. Revenue for the quarter came in at $385.6M versus the consensus estimate of $390.6M.
Guidance
Regal Beloit sees Q4 2023 revenue of $370.00M-$380.00M versus the analyst consensus of $384.00M.
Regal Beloit sees FY 2023 revenue of $1.55B-$1.60B versus the analyst consensus of $1.60B.
Regal Beloit's stock price closed at $106.15. It is down -33.10% in the last 3 months and down -56.32% in the last 12 months.
Regal Beloit saw 0 positive EPS revisions and 7 negative EPS revisions in the last 90 days. See Regal Beloit's stock price’s past reactions to earnings here.
According to InvestingPro, Regal Beloit's Financial Health score is "fair performance".
Check out Regal Beloit's recent earnings performance, and Regal Beloit's financials here.
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