earnings
confidence high
sentiment positive
materiality 0.85
RBC Bearings Q4 net sales $358.9M (+123.9% YoY); adj. EPS $1.26; Q1 outlook $355-365M
RBC Bearings INC
2022-FY EPS reported
$1.95
revenue$942,937,000
- Q4 adj. diluted EPS $1.26 vs $1.08 prior year; GAAP diluted EPS $0.92 vs $0.99.
- Q4 net sales $358.9M (organic +10.4%); Industrial segment +297.3% helped by Dodge acquisition.
- Q4 adj. gross margin 40.2%; adj. operating margin 19.6% vs 20.3% last year.
- Backlog $603.1M at April 2, 2022, up from $552.7M at Jan 1, 2022.
- Q1 FY2023 net sales guided $355-365M, growth of 127.3%-133.7% YoY.