Benzinga | Feb 16, 2021 06:35AM EST

Regal Beloit Q4 Adj. EPS $1.78 Beats $1.59 Estimate, Sales $780.50M Beat $739.46M Estimate

Regal Beloit (NYSE:RBC) reported quarterly earnings of $1.78 per share which beat the analyst consensus estimate of $1.59 by 11.95 percent. This is a 42.4 percent increase over earnings of $1.25 per share from the same period last year. The company reported quarterly sales of $780.50 million which beat the analyst consensus estimate of $739.46 million by 5.55 percent. This is a 5.73 percent increase over sales of $738.20 million the same period last year.