RBC Bearings Q1 EPS $2.13 Beats $1.97 Estimate, Sales $387.10M Miss $390.72M Estimate
Portfolio Pulse from Benzinga Newsdesk
RBC Bearings reported Q1 earnings per share (EPS) of $2.13, beating the estimate of $1.97. However, the company's sales of $387.10M fell short of the estimated $390.72M.
August 04, 2023 | 3:14 pm
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RBC Bearings' Q1 EPS exceeded expectations, but sales were lower than estimated. This mixed result could lead to uncertainty in the market.
RBC Bearings' Q1 earnings report is a mixed bag, with EPS beating estimates but sales falling short. This could lead to uncertainty among investors, potentially impacting the stock's short-term performance.
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