secwatch.observer — SEC 8-K summary
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Issuer:     REGAL REXNORD CORP (RRX)
CIK:        0000082811
Form:       8-K
Filed at:   2023-02-02T23:59:59+00:00
Accession:  0000082811-23-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regal Rexnord Q4 GAAP EPS $1.53 vs ($0.05) YoY; adj EPS $2.64; sales up 2%
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- Q4 GAAP net income $102.7M vs ($1.9M) YoY; adjusted diluted EPS $2.64 vs $2.16.
- Organic sales up 4%; adjusted EBITDA margin +310 bps to 22.0%; backlog up 45% vs 2021 start.
- Announced acquisition of Altra Industrial Motion; $4.7B bond offering 4x oversubscribed; on track for 1H23 close.
- Full-year 2022 GAAP EPS $7.29; adj EPS $10.75; introduces 2023 adj EPS guidance $10.05-$10.85.
- Strategic review of motors & generators in Industrial Systems; free cash flow conversion 165%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/82811/000008281123000023/0000082811-23-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/82811/000008281123000023/rbc-20230201.htm
  HTML page:      https://secwatch.observer/filing/0000082811-23-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer