On Monday 4th November 2024, Regal Rexnord Corporation (NYSE: RRX) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.
According to the predictions of financial experts on Wall Street, the company is expected to announce an anticipated $2.48 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $1.52 billion for the period.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $2.1. This figure was attributed to the company's total revenue, which reached an impressive $1.65 billion during that same period.
Wall Street analysts have revealed their projections for the company's yearly performance, with a total revenue of $6.15 billion. Furthermore, they expect the business to achieve profit of $9.45 per share during the fiscal year.
The business has scheduled a conference call on 5th November 2024 at 10:00 AM eastern time to discuss Q3 financial results.
Regal Rexnord Corporation (RRX) shares traded as low as $166.33 and as high as $171.33 on a day volume of 569.60 thousand shares, closed Friday's regular trading session at $169.02, an increase of 1.49 percent.
