RBC Bearings Incorporated (NASDAQ:ROLL) reported earnings of $1.15 per share beating Walls Streets expectations.

ME Staff
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RBC Bearings Incorporated (NASDAQ:ROLL) reported Q1 2019 earnings this Morning, coming in at $1.15 per share, beating Wall Street’s estimates of $1.05 per Share. Revenue for the quarter came in at $176.00 million beating analyst estimates of $174.32 million

Recent Insider Trading for RBC Bearings Incorporated (NASDAQ:ROLL)

  • On 7/10/2018 Amir Faghri, Director, sold 2,500 with an average share price of $132.94 per share and the total transaction amounting to $332,350.00.
  • On 7/10/2018 Michael J. Hartnett, Insider, sold 10,179 with an average share price of $134.27 per share and the total transaction amounting to $1,366,734.33.
  • On 7/9/2018 Michael J. Hartnett, CEO, sold 5,400 with an average share price of $134.90 per share and the total transaction amounting to $728,460.00.
  • On 7/3/2018 Michael J Hartnett, Insider, sold 15,850 with an average share price of $128.60 per share and the total transaction amounting to $2,038,310.00.
  • On 7/2/2018 Michael J. Hartnett, CEO, sold 4,325 with an average share price of $128.06 per share and the total transaction amounting to $553,859.50.
  • On 6/29/2018 Michael J. Hartnett, CEO, sold 3,600 with an average share price of $129.66 per share and the total transaction amounting to $466,776.00.



Dividend History for RBC Bearings Incorporated (NASDAQ:ROLL)

  • On 5/16/2014 RBC Bearings Incorporated announced a special dividend of $2.00 with an ex dividend date of 5/28/2014 which will be payable on 5/30/2014.



About Company
RBC Bearings Incorporated manufactures and markets engineered precision bearings and components in North America, Europe, Asia, and Latin America. It operates in four segments: Plain Bearings, Roller Bearings, Ball Bearings, and Engineered Products. The Plain Bearings segment produces plain bearings with self-lubricating or metal-to-metal designs, including rod end bearings, spherical plain bearings, and journal bearings that are primarily used to rectify inevitable misalignments in various mechanical components, such as aircraft controls, helicopter rotors, or in heavy mining and construction equipment. The Roller Bearings segment offers heavy duty needle roller bearings with inner rings, tapered roller bearings, track rollers, and aircraft roller bearings, which are anti-friction bearings that use rollers instead of balls. The Ball Bearings segment manufactures high precision aerospace, airframe control, thin section, and commercial ball bearings that utilize high precision ball elements to reduce friction in high speed applications. The Engineered Products segment offers engineered hydraulics and valves for aircraft and submarine applications, and aerospace and defense aftermarket services; fasteners; precision mechanical components, which are used in various general industrial applications; and machine tool collets that are used for holding circulars or rods. The company serves the construction and mining, oil and natural resource extraction, heavy truck, marine, rail and train, packaging, semiconductor machinery, and general industrial markets through its direct sales force, as well as a network of industrial and aerospace distributors. RBC Bearings Incorporated was founded in 1919 and is headquartered in Oxford, Connecticut.

Recent Analyst Rating for RBC Bearings Incorporated (NASDAQ:ROLL)

  • On 5/16/2014 special, $2.00, with a price target of 5/28/2014



Recent Trading for RBC Bearings Incorporated (NASDAQ:ROLL)
Shares of RBC Bearings Incorporated closed the previous trading session at 142.97 −0.82 0.57% with 140.24 shares trading hands.