RBC Bearings (ROLL) Scheduled to Post Quarterly Earnings on Thursday
RBC Bearings (NASDAQ:ROLL) will be announcing its earnings results on Thursday, February 6th. Persons that are interested in registering for the company’s earnings conference call can do so using this link.
RBC Bearings (NASDAQ:ROLL) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.61 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.66 by $0.05. The company had revenue of $102.00 million for the quarter, compared to the consensus estimate of $105.22 million. During the same quarter in the prior year, the company posted $0.73 earnings per share. The company’s quarterly revenue was up 1.6% on a year-over-year basis. On average, analysts expect RBC Bearings to post $2.73 EPS for the current fiscal year and $3.22 EPS for the next fiscal year.
Shares of RBC Bearings (NASDAQ:ROLL) opened at 63.26 on Wednesday. RBC Bearings has a one year low of $46.03 and a one year high of $71.25. The stock has a 50-day moving average of $68.06 and a 200-day moving average of $64.55. The company has a market cap of $1.444 billion and a P/E ratio of 27.79.
On a related note, analysts at Zacks reiterated a “neutral” rating on shares of RBC Bearings in a research note to investors on Thursday, November 14th. They now have a $70.00 price target on the stock. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $64.00.
RBC Bearings Incorporated is an international manufacturer and marketer of engineered precision plain, roller and ball bearings.
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