Regal Rexnord Corp

Regal Rexnord Corp. engages in the manufacture of electric motors, electrical motion controls, power generation, and power transmission products. It operates through the following segments: Commercial Systems, Industrial Systems, Climate Solutions, and Power Transmission Solutions. The Commercial Systems segment produces fractional to 5 horsepower AC and DC motors, electric variable speed controls, fans, and blowers for commercial applications. The Industrial Systems segment produces integral motors, generators, alternators and switchgear for industrial applications. The Climate Solutions segment offers small motors, controls, and air moving solutions serving markets including residential and light commercial HVAC, water heaters and commercial refrigeration. The Power Transmission Solutions segment manufactures, sells, and services belt and chain drives, helical and worm gearing, mounted and unmounted bearings, couplings, modular plastic belts, conveying chains and components, hydraulic pump drives, large open gearing, and specialty mechanical products serving markets including beverage, bulk handling, metals, special machinery, energy, aerospace, and general industrial. The company was founded in 1955 and is headquartered in Beloit, WI.

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Regal Rexnord Corp (RRX) reports robust Q4 results and eyes strategic growth in 2023

Regal Rexnord Corp (RRX) delivered strong financial performance in Q4 2022 and full-year results, positioning well for 2023 with strategic initiatives.
Challenges include supply chain disruptions, China market volatility, and segment-specific pressures, requiring proactive management.
Opportunities lie in the Altra acquisition, backlog strength, maintaining price/cost balance, and strategic growth initiatives for sustained success.
Overall, Regal Rexnord Corp (RRX) shows resilience, innovation, and a strategic focus on driving value and market outperformance in 2023.

Regal Rexnord Corp reports solid Q1 results and anticipates growth opportunities with Altra acquisition

Regal Rexnord Corp's Q1 2023 earnings call highlighted solid financial performance, strategic focus on synergies from recent acquisitions, and expectations for growth and margin improvement. Despite challenges from destocking and market headwinds, the company remains optimistic about revenue growth opportunities and market positioning. Analyst inquiries focused on accretion expectations, margin progression, and synergies from the Altra acquisition.

Regal Rexnord Corp (RRX) reports robust Q2 performance and growth outlook

Regal Rexnord Corp (RRX) showcases strong sales growth and margin improvement, driven by successful Altra integration.
While facing challenges in certain segments, the company is strategically positioned to capitalize on growth opportunities.
Guidance adjustments reflect a focus on disciplined growth and value creation aligned with company values.
Management's emphasis on operational excellence and market-focused strategies bodes well for future performance.

Regal Rexnord reports strong cash flow but lowers 2023 guidance

Regal Rexnord's Q3 earnings call highlighted strong cash flow performance, challenges in organic sales, and a clear plan to reduce debt. The company expressed confidence in managing through market headwinds and emphasized the potential for improved performance in 2024.

Regal Rexnord Corp (RRX) posts strong Q4 results, eyes growth opportunities

Regal Rexnord Corp (RRX) reported strong Q4 performance with margin expansion and free cash flow generation. Despite challenges like destocking and weak demand, the company is optimistic about growth opportunities in various markets. Key focus areas for 2024 include achieving synergies, generating free cash flow, reducing debt, and launching new products.

Regal Rexnord Corp reports strong Q1 performance amidst market challenges

Regal Rexnord Corp's Q1 2024 performance reflects strong sales growth and margin improvement, despite challenges in organic sales and cautious outlook due to market uncertainties.
The company's strategic strengths include portfolio transformation goals, maintaining share position, and focusing on growth areas like powertrain solutions and conveying products.
While facing challenges in declining organic sales and market pressures, Regal Rexnord Corp has opportunities in conveying business growth, positive market outlooks, and synergies to drive future success.

Regal Rexnord Corp reports Q2 sales decline but shows order momentum

Regal Rexnord Corp faced sales declines in Q2 but showed positive momentum in orders.
Efforts to reduce debt and achieve synergies were notable achievements.
Introduction of Power Systems business and revised guidance highlight strategic shifts.
Overall, the company is focused on improving financial performance and cash flow.

Regal Rexnord Corp reports resilient Q3 performance amidst market challenges

Regal Rexnord Corp delivered strong financial performance in Q3 2024 despite challenges in certain segments.
The company's strategic focus on value-add products and cost efficiencies supported margin improvement and cash flow generation.
While facing market headwinds, Regal remains resilient and aims to drive growth through strategic initiatives in 2025.

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Regal Rexnord Corp. engages in engineering and manufacturing of factory automation sub-systems, industrial powertrain solutions, automation and mechanical power transmission components, electric motors and electronic controls, air moving products, and specialty electrical components and systems. Its segments include: Industrial Powertrain Solutions (“IPS”), Power Efficiency Solutions (“PES”), Automation & Motion Control (“AMC”) and Industrial Systems. The IPS segment designs, produces and services mounted and unmounted bearings, couplings, mechanical power transmission drives and components, gearboxes and gear motors, clutches, brakes, special components products and industrial powertrain components and solutions. The PES segment offers AC and DC motors, electronic variable speed controls, and blowers for residential, commercial HVAC, water heaters, commercial refrigeration, commercial building ventilation, pool and spa, irrigation, agriculture, conveying, and general commercial equipment markets. The AMC segment designs, produces and services conveyor products, conveying automation subsystems, aerospace components, rotary precision motion solutions, high-efficiency miniature motors and motion control products, automation transfer switches, switchgear for industrial applications and automation systems. The Industrial Systems segment designs and produces integral motors, alternators for industrial applications, along with aftermarket parts and kits to support such products. The company was founded in 1955 and is headquartered in Milwaukee, WI.

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Investors interested in stocks from the Manufacturing - Electronics sector have probably already heard of Regal Beloit (RRX) and Zurn Water (ZWS). But which of these two companies is the best option for those looking for undervalued stocks?

RRX vs. ZWS: Which Stock Is the Better Value Option?

Regal Beloit (RRX) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Recent Price Trend in Regal Beloit (RRX) is Your Friend, Here's Why

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Regal Beloit (RRX) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Regal Beloit (RRX) Moves to Strong Buy: Rationale Behind the Upgrade

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Investors interested in stocks from the Manufacturing - Electronics sector have probably already heard of Regal Beloit (RRX) and Eaton (ETN). But which of these two companies is the best option for those looking for undervalued stocks?

RRX vs. ETN: Which Stock Is the Better Value Option?

Regal Rexnord Corporation is a global engineer and manufacturer of industrial power and mobility solutions. I believe that Regal Rexnord will be able to get more exposure to markets with secular growth as it is one of the number one initiatives of management.

Regal Rexnord: Risky, But Guidance, And Secular Growth Imply Undervaluation

The mean of analysts' price targets for Regal Beloit (RRX) points to a 38.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 38.72% Upside in Regal Beloit (RRX): Can the Stock Really Move This High?

Regal Rexnord Corporation has experienced a decline in sales, profits, and cash flows due to fundamental weakness. Despite these issues, the company's recent acquisition and transitory problems make it an attractive investment with a soft 'buy' rating.

Regal Rexnord: An Interesting Play Despite Recent Weakness

Investors interested in stocks from the Manufacturing - Electronics sector have probably already heard of Regal Beloit (RRX) and Eaton (ETN). But which of these two stocks is more attractive to value investors?

RRX or ETN: Which Is the Better Value Stock Right Now?

The mean of analysts' price targets for Regal Beloit (RRX) points to a 40.4% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 40.4% Upside in Regal Beloit (RRX): Can the Stock Really Move This High?

Regal Rexnord Corporation (NYSE:RRX ) Q1 2023 Earnings Conference Call May 5, 2023 10:00 AM ET Company Participants Robert Barry - Vice President, Investor Relations Louis Pinkham - Chief Executive Officer Rob Rehard - Executive Vice President and CFO Conference Call Participants Mike Halloran - Baird Christopher Glynn - Oppenheimer Jeff Hammond - KeyBanc Capital Markets Nigel Coe - Wolfe Research Julian Mitchell - Barclays Operator Hello. And welcome to the Regal Rexnord First Quarter 2023 Earnings Conference Call.

Regal Rexnord Corporation (RRX) Q1 2023 Earnings Call Transcript

BELOIT, Wis. , May 4, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) First Quarter Highlights Closed Transformational Acquisition Of Altra Industrial Motion Corp. ("Altra") Altra's 1Q Performance In Line With RRX Expectations Outgrowth In AMC, Strength In IPS, Effectively Managing Market Headwinds In PES Robust Free Cash Flow* Of $174.4 Million Organic Revenue* Down 4% Versus PY Organic Orders Down 9% Versus PY - Better Than Expected GAAP Diluted EPS Of ($0.09) And Adjusted Diluted EPS* Of $2.22 Net Debt* To Normalized Adjusted EBITDA* Of 3.96 Updating 2023 Guidance To Include Altra.

REGAL REXNORD CORPORATION REPORTS STRONG FIRST QUARTER 2023 FINANCIAL RESULTS

BELOIT, Wis. , April 11, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its first quarter 2023 financial results after the market closes on Thursday, May 4, 2023.

Regal Rexnord Corporation to Host First Quarter 2023 Earnings Conference Call on Friday, May 5, 2023

Altra Industrial Motion

Positions Regal Rexnord For Accelerated Growth, Higher Margins, Stronger Free Cash Flow And Higher ROIC By Enhancing Its Value Proposition With Key Stakeholders Transforms Regal Rexnord's Automation Portfolio Into A Meaningful, Global Automation Solutions Provider, With Over 70% Of Its Sales Into Markets With Secular Growth Tailwinds Combines Complementary Power Transmission Portfolios To Deliver Enhanced Industrial Powertrain Solutions For Customers Portfolio To Be Comprised Of Four Segments: Industrial Powertrain Solutions ("IPS", ~37% Of Pro Forma 2022 Sales), Power Efficiency Solutions ("PES", ~31%), Automation & Motion Control ("AMC", ~24%) And Industrial Systems ("IS", ~8%) Unites Aligned Cultures With Deep Commitments To Serving Customers And Infuses Significant New Talent Into The Organization To Support Growth And Margin Enhancement Initiatives Affirm Anticipated Annualized Cost Synergies Of $160 million By Year Four, Plus Significant Cross-Marketing Revenue Opportunities Expect Net Debt/Adjusted EBITDA At Or Below Previously Communicated Target Of 3.9X By The End Of 2Q 2023, In A Range Of 2.5-3.0x In 2024, And Below 2.5x In 2025 Affirm 2023 Guidance For Legacy Regal Rexnord, Including GAAP Diluted EPS In A Range Of $5.64 To $6.44 And Adjusted Diluted EPS In A Range Of $10.05 To $10.85 Reiterate Pro Forma Targets For 2025 Revenue Of ~$8.3 Billion, Adjusted Gross Margin Of ~40%, Adjusted EBITDA Margins >25%, Adjusted EPS Of ~$18, And Annual Free Cash Flow ~$1.1 Billion And $1.4 Billion In 2026 BELOIT, Wis. , March 27, 2023 /PRNewswire/ -- Today, Regal Rexnord Corporation (NYSE: RRX) announced it has completed the acquisition of Altra Industrial Motion Corp. (Nasdaq: AIMC), closing the deal that was signed on October 26, 2022.

REGAL REXNORD CORPORATION COMPLETES ACQUISITION OF ALTRA INDUSTRIAL MOTION CORP.

BELOIT, Wis. , March 23, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) (the "Offeror") announced today that the previously announced cash tender offer (the "Tender Offer") and consent solicitation (together with the Tender Offer, the "Tender Offer and Consent Solicitation") of the Offeror, to purchase any and all of the outstanding 6.125% Senior Notes due 2026 (the "Notes") of Stevens Holding Company, Inc., a wholly-owned subsidiary of Altra Industrial Motion Corp. ("Altra") expired at 5:00 p.m.

Regal Rexnord Announces Expiration and Results of Cash Tender Offer

REGAL REXNORD AND ALTRA ANNOUNCE RECEIPT OF ALL REQUIRED REGULATORY APPROVALS FOR MERGER

BELOIT, Wis. , March 21, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) (the "Offeror") announced today that it has amended the terms of the previously announced cash tender offer (the "Tender Offer") and consent solicitation (together with the Tender Offer, the "Tender Offer and Consent Solicitation"), to purchase for cash any and all of the outstanding 6.125% Senior Notes due 2026 (the "Notes") of Stevens Holding Company, Inc., a wholly-owned subsidiary of Altra Industrial Motion Corp. ("Altra"), from the holders thereof (the "Holders"), to extend the expiration date from 5:00 p.m.

Regal Rexnord Announces Extension of Tender Offer

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BELOIT, Wis. , Feb. 24, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) (the "Offeror") announced today that, according to information provided by D.F.

Regal Rexnord Announces Completion of Consent Solicitation and Termination of Change of Control Offer

BELOIT, Wis. , Feb. 10, 2023 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) (the "Offeror") today announced that it has commenced a cash tender offer (the "Tender Offer") to purchase for cash any and all of the outstanding 6.125% Senior Notes due 2026 (the "Notes") of Stevens Holding Company, Inc. (the "Issuer"), a wholly-owned subsidiary of Altra Industrial Motion Corp. ("Altra"), from the holders thereof (the "Holders").

Regal Rexnord Corporation Announces Commencement of Tender Offer and Consent Solicitation and Change of Control Offer for Stevens Holding Company, Inc.'s Senior Notes

Regal Rexnord's fourth quarter revenue performance was better than it looks, and the company outperformed on margins. Management guidance/commentary was surprisingly positive, with a more bullish outlook on short-cycle demand and strong confidence in later-cycle markets like aerospace.

Regal Rexnord's Broad-Based Business Model Is Really Getting It Done

Regal Rexnord Corporation (NYSE:RRX ) Q4 2022 Results Conference Call February 2, 2023 10:00 AM ET Company Participants Robert Barry - VP, IR Louis Pinkham - CEO Rob Rehard - VP and CFO Conference Call Participants Nigel Coe - Wolfe Research Mike Halloran - Baird Christopher Glynn - Oppenheimer Jeff Hammond - KeyBanc Capital Markets Chris Dankert - Loop Capital Operator Good morning, and welcome to the Regal Rexnord Fourth Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.

Regal Rexnord Corporation (RRX) Q4 2022 Earnings Call Transcript

Regal Beloit (RRX) delivered earnings and revenue surprises of 14.78% and 1.46%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Regal Beloit (RRX) Q4 Earnings Top Estimates

BELOIT, Wis. , Feb. 1, 2023 /PRNewswire/ --  Regal Rexnord Corporation (NYSE: RRX) Fourth Quarter Highlights Announced Transformational Acquisition Of Altra Industrial Motion Corp. ("Altra") Announced Strategic Review Of Alternatives For The Global Motors And Generators Portion Of Our Industrial Systems Segment Sales Up 2% Versus PY And Up 4% On An Organic Basis* Backlog Remains Elevated, Up 45% Versus Beginning Of 2021 GAAP Net Income Increased $104.6 Million Versus PY To $102.7 Million; Adjusted EBITDA Margin* Up 310 Basis Points Versus PY To 22.0%; Price/Cost Remained Positive GAAP Diluted EPS Of $1.53 Versus ($0.05) In PY; Adjusted Diluted EPS* Of $2.64 Versus $2.16 In PY Free Cash Flow Conversion* Of 165% Net Debt* To Adjusted EBITDA* Of 1.2x Achieved Over $70M Of Run Rate Synergies On Rexnord PMC Merger Exiting 2022 Introducing 2023 Guidance For GAAP Diluted EPS In A Range Of $5.64 To $6.44 And For Adjusted Diluted EPS In A Range Of $10.05 To $10.85 Full Year 2022 Highlights Sales Up 37% Versus PY And Up 9% On An Organic Basis GAAP Net Income Increased $259.1 Million Versus PY To $494.9 Million; Adjusted EBITDA Margin Up 230 Basis Points Versus PY To 21.3% GAAP Diluted EPS Of $7.29 Versus $4.81 In PY; Adjusted Diluted EPS Of $10.75 Versus $9.84 In PY Altra Update Transaction Financing In Place; Debut Notes Offering More Than Four Times Over-Subscribed Altra Obtained Stockholder Approval Regulatory Approval Process Continuing As Expected; U.S. HSR Waiting Period Expired And Merger Control Filing In China Accepted For Simplified Review Process Integration Planning Underway; Transaction Remains On Track To Close In 1H23 CEO Louis Pinkham commented, "I am pleased with our 4Q performance, which reflected our Regal Rexnord team executing at a high level to deliver a strong finish to 2022.

REGAL REXNORD CORPORATION REPORTS STRONG FOURTH QUARTER 2022 FINANCIAL RESULTS

Regal Beloit (RRX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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