Regal
Regal Beloit (RBC) got here out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.24 per share. This compares to earnings of $1.41 per share a yr in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 0.81%. 1 / 4 in the past, it was anticipated that this maker of controls for electrical motors would publish earnings of $1.33 per share when it really produced earnings of $1.35, delivering a shock of 1.50%.
During the last 4 quarters, the corporate has surpassed consensus EPS estimates thrice.
Regal Beloit, which belongs to the Zacks Manufacturing – Electronics business, posted revenues of $738.20 million for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 0.50%. This compares to year-ago revenues of $881.70 million. The corporate has not been in a position to beat consensus income estimates during the last 4 quarters.
The…