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.

Analyst Trends:

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.

Earnings Trends:

Here’s how Rbc Bearings has been performing on an annual basis:

Fiscal Year 2009 2010 2011 2012
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

Past Performance:
Rbc Bearings has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)