Regal Rexnord reports Q1 EPS $2.17, consensus $2.11

Reports Q1 revenue $1.48B, consensus $1.43B. CEO Louis Pinkham commented, “Our growth outlook continued to strengthen during Q1, with enterprise daily orders up 8.5% versus the prior year…Beyond orders, the first quarter evidences solid execution by our teams. Organic sales growth was positive and margins were resilient in the face of headwinds from mix and tariffs. We also continued to make strategic growth investments where we see attractive returns. Adjusted EPS for the quarter was up versus prior year and ahead of our guidance. Looking forward, we are optimistic that our strong momentum on orders will continue to result in accelerating organic sales growth. We also have line of sight to higher margins and free cash flow as the year unfolds, aided by stronger volumes, improving mix, achieving margin neutrality on tariffs, and synergies.”