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Stock impact report

RBC Bearings' Q2 Earnings & Revenues Miss Estimates, Increase Y/Y [Yahoo! Finance]

RBC Bearings Incorporated (RBC) 
Last rbc bearings incorporated earnings: 2/3 05:17 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The figure increased 5.1% from year-ago adjusted earnings of $2.17 per share, supported by higher revenues. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar RBC Bearings' revenues were $397.9 million, which increased 3.2% year over year. However, the figure missed the Zacks Consensus Estimate of $401 million. While exiting the fiscal second quarter, RBC had a backlog of $864 million compared with $825.8 million reported at the end of the first quarter of fiscal 2025 (ended June 30, 2024). The company currently has two reportable segments, namely Aerospace/Defense and Industrial. Its segmental performance for the fiscal second quarter is briefly discussed below: Industrial revenues of $254.7 million (representing 64% of the quarter's revenues) were down 1.4% year over year. Aerospace/Defense revenues totaled $143.2 million (36%), up 12.5% year over year. RBC Bearings Incorporated price-consensus-eps-surprise-chart | RBC Bearings Incorporated Quote Show less Read more
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