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RBC Bearings (RBC)
NYSE:RBC
Holding RBC?
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Earnings Data
Report Date
Feb 06, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
2.2Last Year’s EPS
1.85Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 02, 2018
|% Change Since: 11.32%
|Next Earnings Date:Aug 02, 2018
Earnings Call Sentiment|Neutral
The earnings call highlighted strong performance in the A&D segment and successful debt reduction, but faced challenges in the industrial segment and external disruptions. The financial results show resilience despite these challenges.Company Guidance
During RBC Bearings' Q2 2025 earnings call, the company reported a 3.2% year-over-year increase in net sales, totaling $398 million, with strong performance in the Aerospace and Defense (A&D) segment, which grew by 12.5%. The defense side saw a remarkable 17.3% growth, while commercial aerospace rose by 10.3%. However, the industrial segment experienced a slight decline of 1.4%. Gross margin for the quarter was $173.8 million, representing 43.7% of sales, reflecting a 55 basis point increase year-over-year. Net income reached $67 million, translating to an adjusted EPS of $2.29, up from $2.17 last year. Cash from operations was $43 million, down from $53 million the previous year, primarily due to cash tax payments. The company reduced debt by over $35 million during the quarter, aiming for a $275 million to $300 million reduction by year-end. Looking ahead, RBC Bearings anticipates strong demand in the A&D segment, particularly in defense, despite some headwinds from the Boeing strike and Hurricane Beryl, which impacted revenues by $4-$5 million. The company expects Q3 revenues to be between $390 million and $400 million, with gross margins projected at 42.5% to 43.5%.Strong A&D Segment Performance
Total A&D sales were up 12.5% year-over-year, with 17.3% growth on the defense side and 10.3% growth on the commercial aerospace.
Gross Margin Expansion
Gross margin for the quarter was $173.8 million, or 43.7% of sales, representing a 55-point increase year-over-year.
Debt Reduction
The company reduced debt by over $35 million in the quarter, aiming for a total yearly reduction between $275 million and $300 million.
Adjusted EPS Growth
Adjusted EPS increased by 5.5% year-over-year to $2.29 per share.
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RBC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RBC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 01, 2024 | $280.35 | $285.30 | +1.77% |
| Aug 02, 2024 | $288.03 | $276.55 | -3.99% |
| May 17, 2024 | $267.56 | $289.28 | +8.12% |
| Feb 08, 2024 | $272.93 | $258.15 | -5.42% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does RBC Bearings (RBC) report earnings?
RBC Bearings (RBC) is schdueled to report earning on Feb 06, 2025, TBA Not Confirmed.
What is RBC Bearings (RBC) earnings time?
RBC Bearings (RBC) earnings time is at Feb 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RBC EPS forecast?
RBC EPS forecast for the fiscal quarter 2025 (Q3) is 2.2.
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