💨 Abstract
RBC Bearings Inc. reported fiscal first-quarter profit of $68.5 million, or $2.17 per share, beating Wall Street expectations. Adjusted earnings were $2.84 per share, and revenue was $436 million, surpassing forecasts of $432 million. The company, based in Oxford, Connecticut, expects revenue of $445 million in the current quarter.
Courtesy: WTOP Staff
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