RBC Stock Recent News

RBC Bearings (RBC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Inditex's impressive results yesterday have prompted Canadian bank RBC to up its forecasts but it still prefers JD Sports Fashion PLC (LSE:JD.) and Zalando.

Retailers with good momentum still look capable of surprising on the earnings front says RBC, with JD Sports Fashion PLC (LSE:JD.) and Marks and Spencer Group PLC (LSE:MKS) two of the Canadian bank's favourites.

Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk on the Street' to discuss the oil market's response to weaker economic data in China and the U.S., what oil price level OPEC wants, and much more.

Canadian broker RBC has given its assessment of the three listed UK water companies and tweaked its targets lower, though it concedes there are lot of moving parts at present that could change. All of the trio offer something a little different, it says, with Severn Trent (SVT) cleanest, United Utilities (UU) the sturdiest and Pennon (PNN) most discounted.

RBC Bearings' (RBC) first-quarter fiscal 2025 adjusted earnings increase 19.2% year over year, driven by higher revenues.

RBC Bearings Incorporated (NYSE:RBC ) Q1 2025 Earnings Conference Call August 2, 2024 11:00 AM ET Company Participants Rob Moffatt - Director of IR Michael Hartnett - Chairman, President and CEO Robert Sullivan - VP and CFO Conference Call Participants Kristine Liwag - Morgan Stanley Michael Ciarmoli - Truist Securities Peter Skibitski - Alembic Global Jordan Lyonnais - Bank of America Steve Barger - KeyBanc Capital Markets Vivek Srivastav - Goldman Sachs Tim Thein - Raymond James Operator Greetings, and welcome to RBC Bearings Fiscal 2025 First Quarter Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

RBC Bearings (RBC) came out with quarterly earnings of $2.54 per share, beating the Zacks Consensus Estimate of $2.37 per share. This compares to earnings of $2.13 per share a year ago.

PHILADELPHIA, PA / ACCESSWIRE / August 2, 2024 / Kaskela Law LLC announces that it is investigating RBC Bearings Inc. (NYSE:RBC) on behalf of the company's stockholders. The investigation seeks to determine whether RBC Bearings and/or the company's officers and directors violated the securities laws or breached their fiduciary duties to the company's investors in connection with recent corporate actions.

OXFORD, Conn.--(BUSINESS WIRE)--RBC Bearings Incorporated (NYSE: RBC, RBCP), a leading international manufacturer of highly engineered precision bearings, components and essential systems for the industrial, defense and aerospace industries, today reported results for the first quarter fiscal 2025. First Quarter Financial Highlights First quarter net sales of $406.3 million increased 5.0% over last year, Aerospace/Defense up 23.7% and Industrial down 3.5%. Gross margin of 45.3% for the first qu.