💨 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