secwatch.observer — SEC 8-K summary
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Issuer:     RBC Bearings INC (RBC)
CIK:        0001324948
Form:       8-K
Filed at:   2024-05-17T23:59:59+00:00
Accession:  0001213900-24-044549
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RBC Bearings Q4 sales $413.7M (+4.9% YoY); adj. EPS $2.47 vs $2.13; guides Q1 $415-420M
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- Q4 GAAP diluted EPS $1.91, adjusted EPS $2.47 (+16%); full year adj. EPS $8.62 vs $7.48.
- Aerospace/Defense segment sales +16.8% YoY; Industrial segment -0.4%.
- Backlog $726.1M at Mar 30, 2024, up from $663.8M a year earlier.
- Preferred stock conversion on Oct 15, 2024 saves $23M annual cash; Q1 FY2025 sales guided $415-420M (+7.2-8.5%).
- Full year free cash flow conversion 115% vs 107% prior year; net leverage targeted below 2.0x by FY2025 end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1324948/000121390024044549/0001213900-24-044549-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1324948/000121390024044549/ea0206430-8k_rbcber.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-044549

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