8-K
filed August 4, 2023, 7:59 PM ET
ticker RBC
CIK 0001324948
earnings
confidence high
sentiment positive
materiality 0.75
RBC Bearings Q1 net sales $387M (+9.3%); GAAP EPS $1.52, adjusted $2.13
RBC Bearings INC
2025-Q1 EPS reported
$1.52
revenue$387,100,000
- Net sales $387.1M, +9.3% YoY; Aerospace/Defense +21.2%, Industrial +4.7%.
- Gross margin 43.4% vs 39.9% last year; adjusted operating margin 22.0% vs 19.3%.
- GAAP diluted EPS $1.52, adjusted diluted EPS $2.13; GAAP net income $50.0M, adjusted $67.7M.
- Free cash flow $55.1M; net debt to adjusted EBITDA 2.84x; backlog $641.1M.
- Q2 FY2024 outlook: net sales $380-390M; full year expected ~$1.6B.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
RBC Bearings INC reported first quarter of fiscal 2024 results: EPS $1.52.
- Period
- first quarter of fiscal 2024
- EPS
- $1.52
- Result
- reported results
Exact text from the filing
the industrial, defense and aerospace industries, today reported results for the first quarter of fiscal 2024. First Quarter Financial Highlights ● First quarter net sales of $387.1 million increased 9.3% over last year, Aerospace/Defense up 21.2% and Industrial up 4.7%. ● Gross margin of 43.4% in the first quarter of fiscal 2024 compared to 39.9% for the same
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
RBC Bearings INC reported first quarter of fiscal 2024 results: EPS $1.52.
- Period
- first quarter of fiscal 2024
- EPS
- $1.52
- Result
- reported results
Exact text from the filing
GAAP diluted EPS of $1.52 and adjusted diluted EPS of $2.13.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
RBC Bearings INC reported second quarter of fiscal 2024 results: revenue $380.0 million to $390.0 million.
- Period
- second quarter of fiscal 2024
- Revenue
- $380.0 million to $390.0 million
- Result
- guidance update
Exact text from the filing
The Company expects net sales to be approximately $380.0 million to $390.0 million in the second quarter of fiscal 2024, compared to $369.2 million last year, a growth rate of 2.9% to 5.6%.
View on SEC.gov
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