RBC Bearings (RBC) Scheduled to Post Quarterly Earnings on Friday

RBC Bearings (NYSE:RBC) will release its earnings data before the market opens on Friday, November 1st. Analysts expect RBC Bearings to post earnings of $2.10 per share for the quarter. RBC Bearings has set its Q2 2025 guidance at EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.

RBC Bearings (NYSE:RBC) last posted its quarterly earnings data on Friday, August 2nd. The industrial products company reported $2.54 earnings per share for the quarter, beating analysts’ consensus estimates of $2.21 by $0.33. RBC Bearings had a return on equity of 10.04% and a net margin of 14.01%. The firm had revenue of $406.30 million for the quarter, compared to analysts’ expectations of $416.65 million. During the same period in the previous year, the firm earned $1.98 EPS. The business’s quarterly revenue was up 5.0% on a year-over-year basis. On average, analysts expect RBC Bearings to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

RBC Bearings Stock Up 0.4 %

RBC stock opened at $288.16 on Friday. RBC Bearings has a twelve month low of $214.14 and a twelve month high of $309.01. The company has a quick ratio of 1.09, a current ratio of 3.01 and a debt-to-equity ratio of 0.40. The stock has a market cap of $8.42 billion, a P/E ratio of 42.50, a PEG ratio of 3.25 and a beta of 1.51. The business’s 50-day moving average price is $290.34 and its 200-day moving average price is $280.08.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on RBC. Truist Financial lowered their price objective on RBC Bearings from $328.00 to $315.00 and set a “buy” rating on the stock in a research report on Wednesday, July 17th. Raymond James began coverage on RBC Bearings in a research report on Friday, June 28th. They set a “market perform” rating on the stock. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $287.67.

Insider Buying and Selling

In related news, CEO Michael J. Hartnett sold 503 shares of the business’s stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $289.00, for a total value of $145,367.00. Following the transaction, the chief executive officer now directly owns 322,588 shares of the company’s stock, valued at approximately $93,227,932. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CEO Michael J. Hartnett sold 503 shares of the company’s stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $289.00, for a total transaction of $145,367.00. Following the sale, the chief executive officer now directly owns 322,588 shares of the company’s stock, valued at $93,227,932. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Richard J. Edwards sold 4,200 shares of the company’s stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of $292.67, for a total value of $1,229,214.00. Following the sale, the vice president now directly owns 12,539 shares in the company, valued at $3,669,789.13. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 41,327 shares of company stock valued at $11,900,641. Corporate insiders own 2.60% of the company’s stock.

About RBC Bearings

RBC Bearings Incorporated manufactures and markets engineered precision bearings, components, and systems in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications.