Welcome to our dedicated page for Regal Rexnord news (Ticker: RRX), a resource for investors and traders seeking the latest updates and insights on Regal Rexnord stock.
Regal Rexnord Corporation (NYSE: RRX) is a Milwaukee-based manufacturer focused on industrial powertrain solutions, power transmission components, electric motors, electronic controls, air-moving products and automation technologies. This news page aggregates company announcements, earnings updates and other disclosures that help investors and industry followers track how Regal Rexnord is performing across its Automation & Motion Control, Industrial Powertrain Solutions and Power Efficiency Solutions segments.
News coverage for Regal Rexnord commonly includes quarterly and annual financial results, earnings conference call details, segment performance commentary and guidance updates. The company regularly issues press releases about orders and trends in key end markets such as data centers, discrete automation, food and beverage, aerospace, medical, energy, residential and commercial buildings, general industrial, and metals and mining. These updates often highlight order momentum, project timing, and demand conditions across its segments.
Regal Rexnord also releases news about capital allocation and shareholder returns, including quarterly dividend declarations, as well as information about leadership changes and governance matters. Announcements may cover executive appointments or transitions, CEO succession processes and participation in investor conferences. In addition, the company provides updates related to sustainability, emissions reduction and safety metrics through its news releases.
By following this RRX news feed, readers can review a chronological record of Regal Rexnord’s public communications, from financial results and outlook commentary to strategic initiatives described in its press releases. This page is a convenient way to monitor how the company describes developments in its markets, its operating performance and its priorities across automation, motion control, powertrain and power efficiency solutions.
Regal Rexnord Corporation (NYSE: RRX) has announced its definitive agreement to acquire Altra Industrial Motion Corp. (Nasdaq: AIMC) for $62.00 per share, valuing Altra at $4.95 billion. The transaction is projected to accelerate Regal Rexnord's automation portfolio, with expected annualized cost synergies of $160 million by year four. Pro forma revenue for 2022 is anticipated to reach $7.2 billion, increasing to $8.3 billion by 2025, along with improved EBITDA margins. The acquisition aims to enhance shareholder value and capitalize on growth opportunities across various markets.
Regal Rexnord Corporation (NYSE: RRX) will release its third quarter 2022 financial results after market close on October 31, 2022. The company plans to host a conference call to discuss these results on November 1, 2022, at 9:00 am CT (10:00 am ET). Investors can listen live via Regal Rexnord's Investors website or by phone. A replay of the webcast and a telephone version will also be available for three months following the conference call.
Regal Rexnord is a global leader in industrial powertrain solutions and energy-efficient technologies, serving customers worldwide.
Regal Rexnord Corporation hosted its 2022 Investor Day on September 13, 2022, at the New York Stock Exchange. Key executives discussed strategic growth objectives including plans for organic revenue growth targeting a high single-digit rate, with estimates around $5.2 billion for 2022. The company reaffirmed its earnings guidance, with GAAP EPS between $7.01 and $7.61, and adjusted EPS between $10.20 and $10.80. New targets for 2023-2025 include organic net sales growth of 4% to 6% and a 300 basis point expansion in adjusted EBITDA margins.
Regal Rexnord Corporation (NYSE: RRX) is set to host an investor conference on September 13, 2022, from 8:00 AM ET to 12:00 PM ET at the New York Stock Exchange. The event will also feature a live webcast and a replay available on their website. Interested participants can register here or on their Investor Relations website.
Regal Rexnord Corporation (NYSE: RRX) reported a robust second quarter, with sales soaring by 52% year-over-year and 12% organically. Despite a 2% decline in daily orders, backlog increased by over 50% since early 2021, maintaining a strong book-to-bill ratio. Adjusted EBITDA margins improved by 230 basis points to 21.0%, supported by synergies from recent acquisitions. The company raised its 2022 adjusted EPS guidance to a range of $10.20 to $10.80, reflecting ongoing growth and operational improvements.
Regal Rexnord Corporation (NYSE: RRX) declared a quarterly dividend of $0.35 per share on July 25, 2022. This dividend is payable on October 14, 2022 to shareholders on record as of September 30, 2022. Regal Rexnord has consistently paid dividends since January 1961. As a leader in industrial powertrain solutions, the company focuses on energy-efficient products and systems across its four segments: Motion Control Solutions, Climate Solutions, Commercial Systems, and Industrial Systems.
On July 11, 2022, Regal Rexnord Corporation (NYSE: RRX) announced it will release its second quarter 2022 financial results after market closure on August 1, 2022. A conference call to discuss these earnings will take place on August 2, 2022, at 9:00 AM CT (10:00 AM ET). Investors can join the live audio call via the company's investor website or by phone. Regal Rexnord specializes in industrial powertrain solutions, serving a global customer base through its four operating segments: Motion Control Solutions, Climate Solutions, Commercial Systems, and Industrial Systems.
Regal Rexnord Corporation (NYSE: RRX) reported a robust first quarter of 2022, with sales surging 60% year-over-year and 15% organic growth. Adjusted diluted EPS reached $2.68, up 15%, surpassing GAAP EPS of $1.85.
Despite significant inflation and supply chain challenges, adjusted gross margins increased by 280 basis points and adjusted EBITDA margins rose to 21.4%. The company raised its 2022 adjusted EPS guidance to $10.10-$10.70.
Regal Rexnord Corporation (NYSE: RRX) declared a quarterly dividend of $0.35 per share on April 25, 2022, payable on July 14, 2022. Shareholders of record as of June 30, 2022, will receive this dividend. Regal Rexnord has consistently paid dividends since January 1961. The company specializes in industrial powertrain solutions and is committed to energy-efficient products. Headquartered in Beloit, Wisconsin, Regal Rexnord operates across four segments: Motion Control, Climate Solutions, Commercial Systems, and Industrial Systems.
Regal Rexnord Corporation (NYSE: RRX) is set to announce its Q1 2022 financial results on April 27, 2022, after market closure. A conference call will follow on April 28, 2022, at 9:00 am CT to discuss these results, accessible via the company's investor website. Regal Rexnord, a leader in industrial powertrain solutions and energy-efficient products, operates in multiple segments, including Motion Control and Climate Solutions, with a global presence headquartered in Beloit, Wisconsin.