08:20 AM EDT, 08/02/2024 (MT Newswires) -- RBC Bearings ( RBC ) reported Fiscal Q1 adjusted earnings of $2.54 per diluted share on Friday, up from $2.13 a year earlier.

Analysts polled by Capital IQ expected $2.42.

Revenue for the quarter ended June 29 was $406.3 million compared with $387.1 million a year earlier.

Analysts surveyed by Capital IQ expected $416.9 million.

For fiscal Q2, the company expects net sales to be about $395 million to $405 million. Analysts polled by Capital IQ expect $407.1 billion.