secwatch.observer — SEC 8-K summary
======================================

Issuer:     RBC Bearings INC (RBC)
CIK:        0001324948
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001213900-24-011362
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RBC Bearings Q3 sales $373.9M (+6.3% YoY); Aero/Def up 22.5%, adj. EPS $1.85
----------------------------------------------------------------------------

- GAAP diluted EPS $1.39, adjusted diluted EPS $1.85, vs $1.05 and $1.64 a year ago.
- Gross margin improved to 42.3% from 41.5%; adjusted net income $60.0M (+12.4% YoY).
- Aerospace/Defense segment sales surged 22.5% YoY; Industrial segment edged down 0.6%.
- Backlog $652.1M, up from $613.6M a year earlier; Q4 FY2024 guidance $405-415M sales.
- Operating income $75.2M (+7.0% GAAP); adjusted operating income $75.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1324948/000121390024011362/0001213900-24-011362-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1324948/000121390024011362/ea192996-8k_rbcbearing.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-011362

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