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Regal Beloit Corp Issues Q1 2013 EPS Guidance In Line With Analysts' Estimates

Monday, 4 Feb 2013 06:52pm EST 

Regal Beloit Corp announced that for first quarter of 2013, it expects diluted earnings per share (EPS) of $1.08 to $1.16. Adding back $0.04 of restructuring charges and deducting $0.02 of tax benefits, adjusted EPS are expected to be $1.10 to $1.18. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $1.10 for the first quarter of 2013. 

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