Rexnord (RXN) Scheduled to Post Earnings on Wednesday
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.
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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.
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