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RBC Bearings Likely To Report Higher Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
RBC Bearings Incorporated (NYSE:RBC) is set to release earnings results for its fourth quarter before the opening bell on May 17.
Analysts expect the Oxford, Connecticut-based company to report quarterly earnings at $2.36 per share, up from $2.13 per share in the year-ago period. RBC Bearings is projected to report quarterly revenue of $413.51 million, compared to $394.42 million a year ago, according to data from Benzinga Pro.
On Feb. 8, RBC Bearings reported worse-than-expected third-quarter financial results and issued fourth-quarter revenue guidance below estimates.
RBC Bearings shares fell 2% to close at $267.56 on ...