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Regal Beloit Corp Issues Q2 2013 EPS Guidance Below Analysts' Estimates


Tuesday, 30 Apr 2013 05:17pm EDT 

Regal Beloit Corp announced that for the second quarter of 2013, it expects diluted earnings per share (EPS) to be $1.17 to $1.25. Adding back $0.02 of restructuring charges, adjusted diluted earnings per share (EPS) are expected to be $1.19 to $1.27. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $1.60 for the second quarter of 2013. 

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