Key Developments For RBC Bearings Incorporated
RBC Bearings Incorporated (ROLL.O) (Nasdaq)
RBC Bearings Incorporated Completes Acquisition Of Lubron Bearing Systems
RBC Bearings Incorporated announced that it has acquired certain assets of Lubron Bearing Systems (Lubron) for approximately $2.9 million.
RBC Bearings Incorporated Issues Q4 2009 Guidance; Revenue Guidance Below Analysts' Estimates
RBC Bearings Incorporated announced that for fourth quarter 2009 it expects net sales in the range of $84.0 - $87.0 million and adjusted operating income in the range of $14.0 - $16.0 million. According to Reuters Estimates, analysts are expecting the Company to report revenue of $87.6 million and EBIT of $15.6 million for fourth quarter 2009.
RBC Bearings Incorporated Issues Q3 2009 Guidance Below Analysts' Estimates
RBC Bearings Incorporated announced that for third quarter 2009 it expects net sales in the range of $87.0 - $92.0 million and adjusted operating income in the range of $14.0 - $16.0 million. According to Reuters Estimates, analysts are expecting the Company to report revenue of $95.5 million and EBIT of $17.9 million for third quarter 2009.
RBC Bearings Incorporated Issues Q2 2009 EBITDA Guidance; Revenue Guidance Above Analysts' Estimates
RBC Bearings Incorporated announced that for the second quarter of 2009, it expects net sales in the range of $95.0-$97.0 million and operating income in the range of $16.5-$17.5 million. According to Reuters Estimates, analysts were expecting the Company to report EBIT of $16.6 million on revenue of $80.4 million for the same period.
RBC Bearings Incorporated Completes The Acquisition Of Precision Industrial Components LLC
RBC Bearings Incorporated announced that it has acquired the assets of Precision Industrial Components LLC (PIC Design) for approximately $6.6 million in cash and the assumption of certain liabilities. PIC Design, located in Middlebury, Connecticut, is a manufacturer and supplier of tight tolerance, precision mechanical components for use in the motion control industry.
