RBC Bearings (NASDAQ:ROLL) reported its Q3 earnings results on Thursday, February 10, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
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Earnings
RBC Bearings beat estimated earnings by 22.81%, reporting an EPS of $0.7 versus an estimate of $0.57.
Revenue was up $121.09 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.14, which was followed by a 1.38% drop in the share price the next day.
Here's a look at RBC Bearings's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.03 | 0.99 | 1.05 | 0.85 |
| EPS Actual | 0.89 | 1.04 | 1.08 | 0.90 |
| Revenue Estimate | 159.64M | 158.77M | 158.83M | 141.79M |
| Revenue Actual | 160.90M | 156.21M | 160.29M | 145.86M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
