Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Benzinga Insights

RBC Bearings: Q4 Earnings Insights

 

RBC Bearings (NASDAQ:ROLL) reported its Q4 earnings results on Thursday, May 26, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

RBC Bearings beat estimated earnings by 10.53%, reporting an EPS of $1.26 versus an estimate of $1.14.

Revenue was up $198.60 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 2.89% drop in the share price the next day.

Here's a look at RBC Bearings's past performance:

 

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 0.57 1.03 0.99 1.05
EPS Actual 0.70 0.89 1.04 1.08
Revenue Estimate 257.02M 159.64M 158.77M 158.83M
Revenue Actual 266.95M 160.90M 156.21M 160.29M

To track all earnings releases for RBC Bearings visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.