11:05 AM EST, 01/31/2025 (MT Newswires) -- (Updates with the stock movement in the last paragraph.)
RBC Bearings ( RBC ) reported fiscal Q3 adjusted earnings Friday of $2.34 per diluted share, up from $1.85 a year earlier.
Analysts polled by FactSet expected $2.20.
Net sales in the three months ended Dec. 28 rose to $394.4 million from $373.9 million a year earlier.
Analysts surveyed by FactSet expected $393.8 million.
The company expects fiscal Q4 net sales of $434 million to $444 million. Analysts polled by FactSet expect $434.8 million.
Shares of the company jumped 9.5% in recent Friday trading.
Price: 352.58, Change: +30.57, Percent Change: +9.49