secwatch.observer — SEC 8-K summary
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Issuer:     REGAL REXNORD CORP (RRX)
CIK:        0000082811
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0000082811-24-000023
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regal Rexnord Q4 adjusted EPS $2.28, organic sales -6.9%; 2024 adj EPS guide $9.75-$10.55
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- Q4 GAAP diluted EPS $0.84, adjusted diluted EPS $2.28; reported sales +29.2%, pro forma organic -6.9%.
- Full-year 2023 record adjusted free cash flow $683.1M; paid down $116.7M gross debt; net debt/Adjusted EBITDA 3.80x.
- Achieved $65M M&A synergies in 2023; on track for $90M in 2024; early synergies offset end market headwinds.
- 2024 adjusted EPS guidance $9.75-$10.55, organic sales slightly down, adjusted EBITDA margin ~22%.
- Power Efficiency Solutions segment sales -16% organic; Industrial Systems -12% organic; both remain weak.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/82811/000008281124000023/0000082811-24-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/82811/000008281124000023/rrx-20240207.htm
  HTML page:      https://secwatch.observer/filing/0000082811-24-000023

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