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Rexnord Corp (RXN.N)

RXN.N on New York Stock Exchange

29.00USD
16 Nov 2018
Change (% chg)

$0.05 (+0.17%)
Prev Close
$28.95
Open
$28.82
Day's High
$29.09
Day's Low
$28.53
Volume
129,773
Avg. Vol
188,741
52-wk High
$32.10
52-wk Low
$23.04

Latest Key Developments (Source: Significant Developments)

Rexnord Q2 Adjusted EPS $0.46
Tuesday, 30 Oct 2018 04:15pm EDT 

Oct 30 (Reuters) - Rexnord Corp ::REXNORD REPORTS Q2 FY2019 FINANCIAL RESULTS AND INCREASES FY2019 OPERATING OUTLOOK.QTRLY DILUTED LOSS PER SHARE OF $0.30, NET SALES WERE $525 MILLION AND INCREASED 16% YEAR OVER YEAR.QTRLY ADJUSTED EPS $0.46.REVISED FISCAL 2019 OUTLOOK INCLUDES NET INCOME FROM CONTINUING OPERATIONS TO BE IN A RANGE OF $147 MILLION TO $154 MILLION.Q2 EARNINGS PER SHARE VIEW $0.42, REVENUE VIEW $515.4 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Rexnord Corporation To Acquire Centa Power Transmission
Monday, 8 Jan 2018 06:45am EST 

Jan 8 (Reuters) - Rexnord Corp ::REXNORD CORP - HAS ENTERED INTO A DEFINITIVE AGREEMENT TO ACQUIRE CENTA POWER TRANSMISSION.REXNORD CORPORATION TO ACQUIRE CENTA POWER TRANSMISSION.  Full Article

Rexnord Corp Announces Pricing Of $500 Mln Of 4.875 Pct Senior Notes Due 2025
Thursday, 30 Nov 2017 05:29pm EST 

Nov 30 (Reuters) - Rexnord Corp ::REXNORD CORPORATION ANNOUNCES PRICING OF $500 MILLION OF 4.875% SENIOR NOTES DUE 2025.REXNORD CORP - ‍ NOTES WILL MATURE ON DECEMBER 15, 2025​.REXNORD CORP - ‍NOTES WILL PAY INTEREST SEMI-ANNUALLY AT A RATE OF 4.875% PER ANNUM, ON EACH JUNE 15 AND DECEMBER 15, COMMENCING ON JUNE 15, 2018​.  Full Article

Rexnord Corporation Announces Offering Of Senior Notes
Tuesday, 28 Nov 2017 04:12pm EST 

Nov 28 (Reuters) - Rexnord Corp ::REXNORD CORPORATION ANNOUNCES OFFERING OF SENIOR NOTES.REXNORD CORP - ‍ANNOUNCED ITS INTENTION TO COMMENCE AN OFFERING OF $500.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR NOTES​.REXNORD CORP - ‍NOTES WILL BE ISSUED BY COMPANY'S WHOLLY-OWNED, INDIRECT SUBSIDIARIES RBS GLOBAL, INC. AND REXNORD LLC​.REXNORD- TO USE PROCEEDS, WITH AVAILABLE CASH, TO REDUCE OUTSTANDING INDEBTEDNESS THROUGH REFINANCING, AMENDMENT TO CERTAIN TERMS OF CREDIT AGREEMENT​.  Full Article

Rexnord Corp reports Q2 adjusted earnings per share $0.32
Wednesday, 1 Nov 2017 04:05pm EDT 

Nov 1 (Reuters) - Rexnord Corp :Rexnord reports q2 fy2018 financial results and increases fy2018 operating outlook.Q2 adjusted earnings per share $0.32.Q2 earnings per share $0.23.Q2 sales $511 million versus I/B/E/S view $505.4 million.Q2 earnings per share view $0.31 -- Thomson Reuters I/B/E/S.Rexnord Corp - ‍project fiscal 2018 net income to be in a range of $95 million to $102 million​.Rexnord Corp - ‍ project fiscal 2018 adjusted EBITDA to be in a range of $375 million to $385 million​.Rexnord Corp - ‍project fiscal 2018 free cash flow to exceed net income​.  Full Article

Rexnord Corporation acquires World Dryer Corporation
Monday, 9 Oct 2017 05:05pm EDT 

Oct 9 (Reuters) - Rexnord Corp :Rexnord Corporation acquires World Dryer corporation.Rexnord Corp - ‍ World Dryer will join Rexnord's Zurn business​.  Full Article

Rexnord Q1 earnings per share $0.20
Wednesday, 2 Aug 2017 04:01pm EDT 

Aug 2 (Reuters) - Rexnord Corp :Rexnord reports Q1 FY2018 financial results and affirms FY2018 operating outlook.Q1 adjusted earnings per share $0.27.Q1 earnings per share $0.20.Q1 sales $488 million versus I/B/E/S view $484.2 million.Q1 earnings per share view $0.26 -- Thomson Reuters I/B/E/S.Says ‍affirming an unchanged outlook for our fiscal 2018​.FY2018 earnings per share view $1.27, revenue view $1.98 billion -- Thomson Reuters I/B/E/S.  Full Article

Rexnord reports Q4 earnings per share $0.21
Wednesday, 17 May 2017 04:03pm EDT 

May 17 (Reuters) - Rexnord Corp :Rexnord reports Q4 fy17 financial results and initiates fy18 operating outlook.Q4 adjusted earnings per share $0.35.Q4 earnings per share $0.21.Q4 sales $504 million versus I/B/E/S view $493.6 million.Q4 earnings per share view $0.33 -- Thomson Reuters I/B/E/S.Rexnord Corp - Sees FY adjusted EBITDA to be in a range of $365 million to $385 million.Rexnord Corp - Expect GAAP net income to be in a range of $87 million to $107 million for fiscal 2018.  Full Article

Eminence Capital Lp reports 6.8 pct passive stake in Rexnord - sec filing
Thursday, 9 Mar 2017 04:22pm EST 

Rexnord Corp :Eminence Capital Lp reports 6.8 percent passive stake in rexnord corp as of February 27, 2017 - sec filing.  Full Article

Rexnord reports Q3 results; affirms 2017 operating outlook
Wednesday, 1 Feb 2017 04:24pm EST 

Rexnord Corp : Rexnord reports Q3 FY2017 financial results and affirms FY2017 operating outlook . Q3 sales $452 million versus i/b/e/s view $456.6 million . Sees FY 2017 adjusted earnings per share about $1.30 . Sees FY 2017 gaap earnings per share $0.60 to $0.66 . Q3 adjusted earnings per share $0.25 . Q3 gaap earnings per share $0.02 . Q3 earnings per share view $0.24 -- Thomson Reuters I/B/E/S .FY2017 earnings per share view $1.31, revenue view $1.91 billion -- Thomson Reuters I/B/E/S.  Full Article