Regal-Beloit (RBC) Tops Q2 EPS by 2c
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Regal Beloit Corporation Announces Second Quarter 2015 Financial Results
August 3, 2015 4:40 PM EDTBELOIT, Wis., Aug. 3, 2015 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) today reported second quarter 2015 diluted earnings per share of $1.39. Second quarter 2015 adjusted diluted earnings per share* were $1.53.
Key financial highlights for the second quarter 2015 include:
Adjusted operating profit of $112.4 million represented an adjusted operating profit margin of 11.9%, an increase of 120 basis points from the prior year. The integration and the related synergies of the recently acquired Power Transmission Solutions business are on track. Adjusted diluted earnings per share of $1.53 represented a... More