RBC Bearings (RBC) Earnings Date, Estimates & Call Transcripts

$248.23
+3.68 (+1.50%)
(As of 05/1/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 17
Before Market Opens
Confirmed
Actual EPS
(Feb. 8)
$1.75 Missed By -$0.08
Consensus EPS
(Feb. 8)
$1.83
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RBC Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

RBC Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

RBC Bearings Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20241$1.97$1.97$1.97 
Q2 20241$2.06$2.06$2.06 
Q3 20241$2.08$2.08$2.08 
Q4 20241$2.38$2.38$2.38 
FY 20244$8.49$8.49 $8.49

RBC Earnings Date and Information

RBC Bearings last released its earnings results on February 8th, 2024. The industrial products company reported $1.75 earnings per share for the quarter, missing analysts' consensus estimates of $1.83 by $0.08. The company earned $373.91 million during the quarter, compared to the consensus estimate of $376.61 million. RBC Bearings has generated $5.98 earnings per share over the last year ($5.98 diluted earnings per share) and currently has a price-to-earnings ratio of 41.5. Earnings for RBC Bearings are expected to grow by 11.60% in the coming year, from $8.02 to $8.95 per share. RBC Bearings has confirmed that its next quarterly earnings report will be published on Friday, May 17th, 2024. RBC Bearings will be holding an earnings conference call on Friday, May 17th at 11:00 AM Eastern. Interested parties can register for or listen to the call. or dial in at 201-612-7415 with passcode "13746497".

RBC Bearings Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/17/2024
Confirmed)
-------  
2/8/2024Q3 2024$1.83$1.75($0.08)$2.11$376.61 million$373.91 million
11/9/2023Q2 2024$1.91$2.07+$0.16$2.56$390.18 million$385.57 million    
8/4/2023Q1 2024$1.87$1.98+$0.11$2.44$390.72 million$387.12 million
5/19/2023Q4 2023$1.80$2.06+$0.26$2.63$379.84 million$394.42 million
2/9/2023Q3 2023$1.50$1.56+$0.06$2.07$357.40 million$351.63 million
11/10/2022Q2 2023$1.63$1.81+$0.18$2.31$361.32 million$369.17 million
8/4/2022Q1 2023$1.40$1.79+$0.39$2.49$362.13 million$354.08 million    
5/26/2022Q4 2022$1.06$1.26+$0.20$1.60$349.91 million$358.90 million    
2/10/2022Q3 2022$0.66$0.70+$0.04$1.60$253.69 million$266.95 million    
11/12/2021Q3 2021$1.05$0.89($0.16)$1.53$159.61 million$160.90 million    
8/5/2021Q2 2021$1.00$1.04+$0.04$1.05$159.26 million$156.21 million    
5/20/2021Q1 2021$1.07$1.08+$0.01$1.17$158.97 million$160.30 million  

RBC Bearings Earnings - Frequently Asked Questions

When is RBC Bearings's earnings date?

RBC Bearings has confirmed that its next quarterly earnings data will be published on Friday, May 17th, 2024. Learn more on RBC's earnings history.

Did RBC Bearings beat their earnings estimates last quarter?

In the previous quarter, RBC Bearings (NYSE:RBC) missed the analysts' consensus estimate of $1.83 by $0.08 with a reported earnings per share (EPS) of $1.75. Learn more on analysts' earnings estimate vs. RBC's actual earnings.

How much revenue does RBC Bearings generate each year?

RBC Bearings (NYSE:RBC) has a recorded annual revenue of $1.47 billion.

How much profit does RBC Bearings generate each year?

RBC Bearings (NYSE:RBC) has a recorded net income of $166.70 million. RBC has generated $5.98 earnings per share over the last four quarters.

What is RBC Bearings's price-to-earnings ratio?

RBC Bearings (NYSE:RBC) has a trailing price-to-earnings ratio of 41.51 and a forward price-to-earnings ratio of 30.95. The price/earnings-to-growth ratio is 4.7.

What is RBC Bearings's EPS forecast for next year?

RBC Bearings's earnings are expected to grow from $8.02 per share to $8.95 per share in the next year, which is a 11.60% increase.


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This page (NYSE:RBC) was last updated on 5/2/2024 by MarketBeat.com Staff

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