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Regal-Beloit Ahead of Earnings

rbc New York, February 3rd (TradersHuddle.com) - Shares of Regal-Beloit Corporation (NYSE:RBC) traded higher by +3.28% ahead of its quarterly earnings release. Regal-Beloit, the maker of electrical and mechanical motion control products is expected to release its quarterly results on February 6th.

Wall Street Analysts consensus calls for a profit of $0.7 a share on $721.59 million revenue.

Regal-Beloit estimates have a range of $0.06 a share. The high estimate calls for profit of $0.73 a share and the low estimate is calling for a profit of $0.67 a share, a year ago for the quarter the company reported $0.65 a share.

Regal-Beloit Corporation (NYSE:RBC) manufactures a line of mechanical products that control motion and torque and electrical products such as motors and generators. Its products include gearboxes, automotive transmissions, rotary cutting tools, electric motors, and electric generators. Regal-Beloit sells its products to distributors, original equipment manufacturers, and end users.



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