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Regal Rexnord Corporation - $RRX STOCK NEWS

Welcome to our dedicated page for Regal Rexnord Corporation news (Ticker: $RRX), a resource for investors and traders seeking the latest updates and insights on Regal Rexnord Corporation stock.

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 Regal Rexnord Corporation'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 Regal Rexnord Corporation's position in the market.

Rhea-AI Summary
Regal Rexnord Corporation declares quarterly dividend of $0.35 per share
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Regal Rexnord Corporation to release Q3 2023 financial results
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3.08%
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conferences earnings
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Regal Rexnord Corporation to sell Industrial Motors and Generators businesses to WEG for $400 million, expected to close in 1H 2024.
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-1.29%
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Regal Rexnord Corporation announces change in corporate address to Milwaukee, Wisconsin.
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-3.09%
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Rhea-AI Summary
Regal Rexnord Corporation reports strong second quarter results, with sales up 31.1% and adjusted EBITDA increased 34% compared to the previous year. The company exceeded expectations for GAAP diluted EPS and adjusted diluted EPS. The CEO is optimistic about growth opportunities and the integration of Altra. The company has updated its annual guidance, with adjusted EPS expected to be in a range of $10.20 to $10.60.
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5.95%
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-1.45%
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dividends
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Regal Rexnord Corporation (NYSE: RRX) plans to release its second quarter 2023 financial results on July 31, 2023. A conference call to discuss the earnings release will be held on August 1, 2023.
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0.58%
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conferences earnings
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Regal Rexnord Corporation (NYSE: RRX) reported its first-quarter highlights, including the successful acquisition of Altra Industrial Motion Corp. The company's organic revenue and orders were down compared to the previous year, but better than expected. The CEO expressed confidence in the company's prospects and highlighted the potential for cost synergies with Altra. The company has updated its guidance for 2023, with an expected increase in diluted earnings per share.
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1.46%
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-1.36%
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2.68%
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conferences earnings
Regal Rexnord Corporation

NYSE:RRX

RRX Rankings

RRX Stock Data

10.98B
66.03M
0.52%
100.87%
1.83%
Motor and Generator Manufacturing
Manufacturing
Link
United States of America
MILWAUKEE

About RRX

all 29k+ associates at regal rexnord have a shared purpose: create a better tomorrow by energy-efficiently converting power into motion. we are a leading, global manufacturer of airflow, motion control, power transmission, and power generation solutions used in commercial, industrial and residential settings. you may not know it, but regal rexnord impacts your life every day. our products enable the fans in hvac systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyor systems that keep e-commerce flowing. regal rexnord is comprised of four operating segments: motion control solutions, climate solutions, commercial systems and industrial systems. regal rexnord is headquartered in beloit, wisconsin and has manufacturing, sales, and service facilities worldwide. for more information, visit regalrexnord.com.