RBC Bearings Q3 Profit Increases, Projects Sales Growth In Q4
From “RTT News”:
RBC Bearings Inc. reported a 13.6% increase in Q3 earnings, reaching $40.74 million, up from $30.57 million the previous year. Revenues also climbed 6.3% to $373.91 million from $351.63 million. Q4 net sales are projected to be $405.0 to $415.0 million, with analysts forecasting $424.53 million. Wall Street analysts expected earnings of $1.96 per share, excluding special items.
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