RBC Bearings Earnings: Your Sneak Peek to the Big Announcement
RBC Bearings (NASDAQ:ROLL) will report earnings before markets open on Wednesday, May 29th. RBC Bearings Inc. designs, manufactures, and markets a broad portfolio of bearing products, including precision plain, roller, and ball bearings.
Here is your Cheat Sheet to Rbc Bearings Earnings:
Earnings Expectations: Analysts expect earnings of $0.61 per share on revenues of $107.34 million. Currently, the company’s P/E ratio stands at 17.44.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.67 to a profit $0.68. For the current year, the average estimate is a profit of $2.39, which is worse than the estimate ninety days ago.
Here’s how Rbc Bearings has been performing on an annual basis:
|Revenue ($) in millions||356||275||336||398|
|Diluted EPS ($)||1.58||1.12||1.58||2.23|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||111.32||103.33||100.38||96.34|
|Diluted EPS ($)||0.69||0.76||0.73||0.53|
Rbc Bearings has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)