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.

Regal Beloit (RRX) delivered earnings and revenue surprises of 0.85% and -0.19%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Regal Beloit (RRX) Q3 Earnings Surpass Estimates

BELOIT, Wis., Nov. 2, 2021 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) Third Quarter Highlights Sales Up 18% Versus PY And Up 16% On An Organic Basis Record Adjusted Operating Margin* of 14.2% Up 140 bps Versus PY And GAAP Operating Margin of 12.0% Up 10 bps Versus PY Record Adjusted Diluted EPS** Of $2.36 Up 36% Versus PY And GAAP Diluted EPS Of $1.70 Up 6% Versus PY Daily Orders Up 27% In 3Q And Up Low 20's In October Versus PY Net Cash Provided By Operating Activities of $121.5M And Free Cash Flow* Of $108.3M For Conversion Of 133.4% Increased Stock Purchase Authorization To $500M From $250M Redefining Adjusted EPS To Add Back Amortization And Stock-Based Compensation Expense, After-Tax, Beginning 4Q 2021 Expect 4Q 2021 Adjusted Diluted EPS In A Range of $1.97 to $2.27 Expect 2022 Adjusted Diluted EPS In A Range of $9.95 to $10.35, Including Arrowhead Systems For Reference, The Outlook For 4Q 2021 Is Consistent With Prior Guidance For Legacy Regal And For Rexnord PMC After Giving Effect To Completing The Merger With PMC On October 4, 2021 And Redefining The Calculation Of Adjusted EPS M&A Update Completed Transformational Merger With Rexnord PMC, Significantly Enhancing The Company's Growth, Margin & Free Cash Flow Prospects Announcing Acquisition Of Arrowhead Systems ("Arrowhead"), A Global Leader In Providing Industrial Process Automation Solutions, For $297 Million.

Regal Rexnord Corporation Reports Record Third Quarter 2021 Financial Results, Announces Strategic Acquisition Of Arrowhead Systems For $297 Million

BELOIT, Wis., Oct. 26, 2021 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting held on October 26, 2021, declared a dividend of $0.33 per share.

Regal Rexnord Corporation Declares Quarterly Dividend of $.33 per share.

BELOIT, Wis., Oct. 12, 2021 /PRNewswire/ -- Regal Rexnord Corporation (NYSE: RRX) announced today that it plans to release its third quarter 2021 financial results after the market closes on Monday, November 1, 2021.

Regal Rexnord Corporation to Hold Third Quarter 2021 Earnings Conference Call on Tuesday, November 2, 2021

Regal Rexnord (RRX), the new name for Regal Beloit, commences trading on the NYSE post the Rexnord deal completion. It is equipped to offer better products, free cash flow and shareholders' value.

Regal Beloit Trades as Regal Rexnord (RRX) Post Rexnord Deal

Regal Beloit (RBC) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Regal Beloit (RBC) Soars 3.4%: Is Further Upside Left in the Stock?

Regal Beloit (RBC) and Rexnord provide an estimated exchange ratio for the acquisition of Land Newco by Regal Beloit as well as a special cash dividend to be paid by Regal Beloit to its shareholders.

Update on Regal Beloit (RBC) & Rexnord Business Collaboration

Rexnord

Regal Beloit Corporation (NYSE: RBC) and Rexnord Corporation (NYSE: RXN) today announced that they expect to complete the proposed combination of the Process & Motion Control Business of Rexnord with Regal through a Reverse Morris Trust transaction on October 4, 2021, subject to satisfaction or waiver of the applicable closing conditions. Following completion of the transactions, (a) Regal will change its name to "Regal Rexnord Corporation" and its shares of common stock will trade on the NYSE under the ticker symbol "RRX" and (b) Rexnord Corporation will change its name to "Zurn Water Solutions Corporation" and its shares of common stock will trade on the NYSE under the ticker symbol "ZWS".

Regal Beloit And Rexnord Announce Estimated Exchange Ratio And Estimated Amount Of Regal Special Cash Dividend In Connection With Anticipated Completion Of Combination Of Regal And Rexnord's PMC Business

Regal Beloit (RBC) stands to benefit from strength across its end markets, solid product portfolio, and shareholder-friendly policies.

Here's Why it is Worth Investing in Regal Beloit (RBC) Now

BELOIT, Wis., Sept. 20, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC), a global leader in the engineering and manufacturing of power transmission solutions and high-efficiency electric motors and systems, published its 2021 Sustainability Report.

Regal Beloit Corporation Announces Publication of 2021 Sustainability Report

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Regal Beloit (RBC) advances on closing its deal with Rexnord. On completion, the combination of Regal Beloit and Rexnord's PMC business will become a major provider of power transmission solutions.

Update on Regal Beloit (RBC), Rexnord October Deal Closure

Regal Beloit Corporation (NYSE: RBC) and Rexnord Corporation (NYSE: RXN) today announced additional details regarding the anticipated completion of the combination of Regal and the Process & Motion Control ("PMC") Business of Rexnord. Under the terms of the transaction, Rexnord will spin-off the PMC Business by way of a pro rata dividend (the "Spin-Off Dividend") of all of the outstanding common stock of Rexnord's wholly owned subsidiary, Land Newco, Inc. ("Land"), the owner of the PMC Business, to Rexnord stockholders as of the record date for the dividend. Immediately following the spin-off Regal will acquire Land in a stock-for-stock merger pursuant to which Land will become a wholly-owned subsidiary of Regal. Former holders of Land common stock will receive a fraction of a share of Regal common stock for each share of Land common stock they owned immediately prior to the merger. In connection with the transaction, Regal is expected to pay a cash dividend (the "Regal Special Cash Dividend") to its shareholders who held Regal common stock on the record date for such Regal Special Cash Dividend. The record date will be prior to the merger with a payment date following the merger.

Regal Beloit And Rexnord Announce Details For Anticipated Completion Of Combination Of Regal And Rexnord's PMC Business

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Regal Beloit (RBC) moves a step forward to close its deal with Rexnord. The parties anticipate completing the deal in October and put forward the new names after completion of the deal.

Regal Beloit (RBC) to Close Deal With Rexnord in October

Louis Pinkham, Chief Executive Officer of Regal Rexnord Corporation (NYSE: RRX), announced that the Board of Directors, at its regular quarterly meeting held on October 26, 2021, declared a dividend of $0.33 per share. The dividend is payable on January 14, 2022, to shareholders of record at the close of business on December 31, 2021. The company has paid a dividend every quarter since January 1961.

Regal Beloit and Rexnord Announce Expected Closing Date for Combination of Regal and Rexnord's PMC Business

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

BELOIT, Wis. , Sept. 1, 2021  /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) today announced that, at a special meeting of the shareholders ("the Special Meeting") held on September 1, 2021, Regal shareholders overwhelmingly1 approved the issuance of shares of Regal common stock necessary to complete the previously announced combination of Rexnord Corporation's (NYSE: RXN) Process & Motion Control ("PMC") business with Regal in a Reverse Morris Trust transaction.

Regal Beloit Shareholders Approve Share Issuance Necessary For Combination With Rexnord PMC; Shareholders Also Approve Name Change And Increase In Authorized Shares

BELOIT, Wisc. and MILWAUKEE, Aug. 18, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE: RBC) and Rexnord Corporation (NYSE: RXN) today announced that Rexnord received the private letter ruling ("PLR") from the U.S. Internal Revenue Service ("IRS") in connection with the combination of Rexnord's Process & Motion Control business ("PMC") with Regal through a Reverse Morris Trust ("RMT") transaction.

Private Letter Ruling Received From IRS In Connection With Planned Merger Between Regal And Rexnord PMC

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Regal Beloit releases its next round of earnings this Monday, May 6.

News for Regal Rexnord Corp Stock (RRX)