RBC Bearings (RBC) Expected to Announce Earnings on Friday

RBC Bearings (NYSE:RBC - Get Free Report) is projected to issue its quarterly earnings data before the market opens on Friday, January 31st. Analysts expect the company to announce earnings of $2.20 per share and revenue of $393,989.34 billion for the quarter. RBC Bearings has set its Q3 2025 guidance at EPS.Persons that wish to listen to the company's earnings conference call can do so using this link.

RBC Bearings (NYSE:RBC - Get Free Report) last issued its quarterly earnings results on Friday, November 1st. The industrial products company reported $2.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.30 by ($0.01). RBC Bearings had a net margin of 14.06% and a return on equity of 9.88%. The business had revenue of $397.90 million during the quarter, compared to the consensus estimate of $403.89 million. During the same quarter in the previous year, the business posted $2.07 EPS. The company's revenue for the quarter was up 3.2% on a year-over-year basis. On average, analysts expect RBC Bearings to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

RBC Bearings Price Performance

Shares of RBC stock traded down $1.12 on Friday, hitting $314.21. 196,104 shares of the company's stock were exchanged, compared to its average volume of 115,990. The company has a 50 day moving average of $317.26 and a 200 day moving average of $299.81. The stock has a market cap of $9.87 billion, a P/E ratio of 45.87, a price-to-earnings-growth ratio of 4.45 and a beta of 1.57. The company has a debt-to-equity ratio of 0.38, a current ratio of 3.48 and a quick ratio of 1.28. RBC Bearings has a 12 month low of $240.36 and a 12 month high of $346.77.

Analysts Set New Price Targets

A number of research analysts have recently commented on RBC shares. Truist Financial increased their target price on shares of RBC Bearings from $347.00 to $351.00 and gave the stock a "buy" rating in a report on Tuesday, January 14th. William Blair reissued an "outperform" rating on shares of RBC Bearings in a research note on Tuesday, November 26th. Bank of America cut shares of RBC Bearings from a "buy" rating to a "neutral" rating and boosted their target price for the stock from $330.00 to $335.00 in a research note on Thursday, November 21st. Finally, KeyCorp upgraded RBC Bearings from a "sector weight" rating to an "overweight" rating and set a $375.00 price target for the company in a research note on Friday, November 22nd. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, RBC Bearings currently has an average rating of "Moderate Buy" and a consensus price target of $325.33.

About RBC Bearings

RBC Bearings Incorporated manufactures and markets engineered precision bearings, components, and systems in the United States and internationally. It operates through two segments, Aerospace/Defense and Industrial. The company produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings; roller bearings, such as tapered roller bearings, needle roller bearings, and needle bearing track rollers and cam followers, which are anti-friction products that are used in industrial applications and military aircraft platforms; and ball bearings include high precision aerospace, airframe control, thin section, and industrial ball bearings that utilize high precision ball elements to reduce friction in high-speed applications.