secwatch.observer — SEC 8-K summary
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Issuer:     REGAL REXNORD CORP (RRX)
CIK:        0000082811
Form:       8-K
Filed at:   2023-08-01T23:59:59+00:00
Accession:  0000082811-23-000150
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regal Rexnord Q2 adj EPS $2.56 beats; raises FY free cash flow to >$650M
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- Adjusted EBITDA $379.7M, up 34% YoY; margin expanded 50bps to 21.5%.
- Power Efficiency Solutions sales fell 22.7% on HVAC weakness and destocking.
- Free cash flow $176.3M; net debt to normalized adjusted EBITDA reduced to 3.86x.
- FY 2023 adj EPS guidance midpoint lowered $0.25 to $10.20-$10.60; free cash flow view raised to over $650M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/82811/000008281123000150/0000082811-23-000150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/82811/000008281123000150/rrx-20230731.htm
  HTML page:      https://secwatch.observer/filing/0000082811-23-000150

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