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RBC Bearings Inc. - RBC STOCK NEWS

Welcome to our dedicated news page for RBC Bearings (Ticker: RBC), a resource for investors and traders seeking the latest updates and insights on RBC Bearings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect RBC Bearings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of RBC Bearings's position in the market.

Rhea-AI Summary
RBC Bearings Inc. (RBC) to attend Bank of America Global Industrials Conference in London. VP and COO to represent the company.
Rhea-AI Impact
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End-of-Day
0.1%
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Rhea-AI Summary
RBC Bearings Incorporated to participate in Alembic Global Advisors Investor Conference on February 28, 2024, with the company's CFO, Robert M. Sullivan, presenting at the event.
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End-of-Day
-0.18%
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conferences
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Rhea-AI Summary
RBC Bearings Incorporated reported strong third-quarter results for fiscal 2024, with a 6.3% increase in net sales, driven by a 22.5% growth in Aerospace/Defense and a 0.6% decrease in Industrial segments. Gross margin improved to 42.3%, and net income increased by 28.4% compared to the same period last year. Adjusted EBITDA remained steady at 29.3% of net sales.
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Rhea-AI Sentiment
End-of-Day
-5.42%
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Rhea-AI Summary
RBC Bearings Incorporated (NYSE: RBC, RBCP) will release its third quarter fiscal 2024 financial results before the market open on Thursday, February 8th. The company will host a conference call to discuss the results on the same day. Dr. Michael J. Hartnett, Chairman, President, and CEO, along with other key executives, will recap the quarter’s results and accomplishments during the call. Investors can access the webcast and audio replay through the investor relations portion of the company’s website. Those without internet access can listen to the call via phone. The conference call provides an opportunity for investors to gain insights into the company's financial performance and future prospects.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
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conferences earnings
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Rhea-AI Summary
RBC Bearings Inc. (NYSE: RBC, RBCP) reports Q2 fiscal 2024 results with net sales up 4.4% to $385.6M, gross margin at 43.1%, and net income up 13.4% to $51.7M. Aerospace/Defense segment grew 22.9% while Industrial segment decreased 2.8%. Six-month net sales up 6.8% to $772.7M.
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End-of-Day
1.33%
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Rhea-AI Summary
RBC Bearings to release second quarter fiscal 2024 financial results
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conferences earnings
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RBC Bearings acquires Specline for $18.7M, expanding aerospace product offering and production capacity.
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-0.74%
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2.95%
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Rhea-AI Summary
RBC Bearings Incorporated (NYSE: RBC, RBCP) will release its first quarter fiscal 2024 financial results before the market open on Friday, August 4th. The company will host a conference call to discuss the results at 11:00 a.m. ET. Dr. Michael J. Hartnett, Chairman, President and CEO, will recap the quarter's results and accomplishments.
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Rhea-AI Sentiment
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-0.79%
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conferences earnings
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Rhea-AI Sentiment
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-5.26%
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RBC Bearings Inc.

NYSE:RBC

RBC Rankings

RBC Stock Data

7.43B
25.92M
1.76%
108.99%
3.69%
Ball and Roller Bearing Manufacturing
Manufacturing
Link
United States
Oxford

About RBC

rbc bearings is a well known international manufacturer and marketer of highly engineered precision plain, roller and ball bearings. while we manufacture products in all major bearing categories, our focus is primarily on highly technical or regulated bearing products for specialized markets that require sophisticated design, testing and manufacturing capabilities. our unique expertise has enabled us to garner leading positions in many of the product markets in which we primarily compete. rbc bearings provides our global industrial, aerospace, and defense customers with unique design solutions to complex problems and an unparalleled level of service, quality, and support.