Rexnord (NYSE:RXN) will announce its earnings results after the market closes on Tuesday, October 30th. Analysts expect the company to announce earnings of $0.41 per share for the quarter.
Rexnord (NYSE:RXN) last posted its quarterly earnings data on Monday, July 30th. The industrial products company reported $0.41 EPS for the quarter, topping the consensus estimate of $0.36 by $0.05. The firm had revenue of $503.60 million during the quarter, compared to analyst estimates of $505.18 million. Rexnord had a net margin of 2.34% and a return on equity of 14.99%. Rexnord’s revenue was up 13.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.27 EPS. On average, analysts expect Rexnord to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
NYSE RXN opened at $24.50 on Monday. The company has a debt-to-equity ratio of 1.13, a current ratio of 2.40 and a quick ratio of 1.62. The company has a market cap of $2.56 billion, a P/E ratio of 17.63, a PEG ratio of 0.88 and a beta of 1.50. Rexnord has a 52 week low of $22.89 and a 52 week high of $32.11.
Rexnord Company Profile
Rexnord Corporation designs, manufactures, and markets process and motion control, and water management products worldwide. It operates in two segments, Process & Motion Control Platform and Water Management Platform. The company offers table top conveying chain and related accessories, metal conveying and engineered woven metals, gearing and gear drives, conveying equipment, industrial chain, and custom assemblies; custom-engineered, application-specific miniature gearboxes, and motion control assemblies and components used in aerospace, defense, medical equipment, robotics, semiconductor, instrumentation, and satellite communications; and shaft management products, including couplings, torque limiters, electromagnetic clutches and brakes, industrial bearings, and shaft locking assemblies.
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