RRX - Regal Rexnord Non-GAAP EPS of $2.64 beats by $0.25 revenue of $1.24B misses by $20M
- Regal Rexnord press release ( NYSE: RRX ): Q4 Non-GAAP EPS of $2.64 beats by $0.25 .
- Revenue of $1.24B (+2.5% Y/Y) misses by $20M .
- Sales Up 2% Versus PY And Up 4% On An Organic Basis*
- Backlog Remains Elevated, Up 45% Versus Beginning Of 2021
- 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
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Regal Rexnord Non-GAAP EPS of $2.64 beats by $0.25, revenue of $1.24B misses by $20M