Rexnord (RXN) Tops Q2 EPS by 10c, Revenues Beat
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Rexnord Reports September Quarter 2020 Financial Results
October 27, 2020 4:20 PM EDTCall scheduled for Wednesday, October 28, 2020 at 8:00 a.m. Eastern Time
MILWAUKEE--(BUSINESS WIRE)-- Rexnord Corporation (NYSE: RXN)
September Quarter Highlights
Net sales were $494 million and 5% below sales in last years September quarter (-7% core sales(1), +1% acquisitions, +1% foreign currency translation). Net income from continuing operations was $45 million (diluted EPS of $0.37), compared with $57 million (diluted EPS of $0.46) in the year-ago quarter. Net income(2) was $45 million (diluted EPS of $0.37), compared with $51 million (diluted EPS of $0.46) in the year-ago quarter. Adjusted EPS(1) was $0.47... More