Rexnord (NYSE:RXN) will be posting its quarterly earnings results after the market closes on Wednesday, January 31st. Analysts expect Rexnord to post earnings of $0.27 per share for the quarter.

Rexnord (NYSE:RXN) last posted its quarterly earnings data on Wednesday, November 1st. The industrial products company reported $0.32 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.31 by $0.01. Rexnord had a net margin of 4.45% and a return on equity of 12.03%. The business had revenue of $510.80 million during the quarter, compared to the consensus estimate of $505.75 million. During the same period in the previous year, the firm posted $0.38 earnings per share. The business’s revenue for the quarter was up 4.0% compared to the same quarter last year. On average, analysts expect Rexnord to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Rexnord (NYSE RXN) opened at $28.58 on Monday. Rexnord has a one year low of $21.07 and a one year high of $28.85. The company has a current ratio of 3.08, a quick ratio of 2.23 and a debt-to-equity ratio of 1.37. The company has a market cap of $2,970.00, a price-to-earnings ratio of 44.66, a PEG ratio of 2.27 and a beta of 1.65.

Several equities research analysts have recently commented on the stock. Zacks Investment Research upgraded shares of Rexnord from a “sell” rating to a “hold” rating in a research note on Monday, October 16th. Bank of America raised shares of Rexnord from a “neutral” rating to a “buy” rating in a report on Monday, January 8th. Deutsche Bank set a $33.00 target price on shares of Rexnord and gave the stock a “buy” rating in a report on Friday, January 19th. Finally, TheStreet cut shares of Rexnord from a “b-” rating to a “c+” rating in a report on Wednesday, November 15th. One research analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $29.00.

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Rexnord Company Profile

Rexnord Corporation is a multi-platform industrial company. The Company operates through two segments: Process & Motion Control platform, and Water Management platform. The Process & Motion Control platform designs, manufactures, markets and services a range of engineered mechanical components used within systems.

Earnings History for Rexnord (NYSE:RXN)

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