Regal Rexnord Introduces Financial Targets For 2024 To 2027 Period: Organic Net Sales Growth At CAGR Of 2% - 5%, Adjusted EPS Growth At Low Double Digit CAGR
Portfolio Pulse from Benzinga Newsdesk
Regal Rexnord has announced its financial targets for the period from 2024 to 2027. The company aims for an organic net sales growth at a compound annual growth rate (CAGR) of 2% to 5% and an adjusted earnings per share (EPS) growth at a low double-digit CAGR.
September 17, 2024 | 11:20 am
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Regal Rexnord has set financial targets for 2024-2027, aiming for 2%-5% organic net sales growth and low double-digit adjusted EPS growth. This indicates a positive outlook for the company's financial performance.
The announcement of financial targets with a focus on growth in both sales and EPS suggests a positive outlook for Regal Rexnord. Investors may view these targets as a sign of the company's potential for improved financial performance, likely leading to a positive impact on the stock price.
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