NASDAQ$RBC
RBC Bearings Incorporated · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
RBC Bearings reported first quarter results in line with expectations, driven by strong order rates from industrial customers and anticipated increased demand for aircraft bearings.
RBC Bearings reported net sales of $156.2 million, a slight decrease of 0.2% compared to the same quarter last year. The company's net income increased to $26.0 million, with diluted EPS of $1.03.
- Net sales were $156.2 million, a decrease of 0.2% year-over-year.
- Industrial markets net sales increased by 31.0%, while aerospace net sales decreased by 18.3%.
- Net income was $26.0 million, compared to $22.7 million in the same period last year.
- Diluted EPS was $1.03 per share, compared to $0.91 per share for the same period last year.
Headline financials
Revenue & EPS history
RBC Bearings · Revenue · Quarterly
$156M
Forward guidance
The Company expects net sales to be approximately $158.0 million to $162.0 million in the second quarter of fiscal 2022, compared to $146.3 million last year, an increase of 8.0% to 10.7%.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2022
-0.0%
Avg return
Earnings day
+2.3%
Avg return
5 days after
+4.8%
Avg return
30 days after
54%
37 / 68 earnings
Positive
+16.9%
Q4 2022
Best reaction
-18.9%
Q1 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2026 | -6.9% | -6.8% | -1.5% | |
| Q3 2026 | +0.7% | +5.9% | +7.0% | |
| Q2 2026 | +5.4% | +6.1% | +9.5% | |
| Q4 2025 | +0.4% | -0.1% | +0.9% | |
| Q3 2025 | +8.3% | +14.7% | +11.5% | |
| Q2 2025 | +1.7% | +12.9% | +19.5% | |
| Q1 2025 | -4.8% | -5.4% | +3.4% | |
| Q4 2024 | +11.0% | +9.9% | +1.8% | |
| Q3 2024 | -2.5% | -3.2% | -1.8% | |
| Q2 2024 | +4.6% | +9.8% | +20.0% | |
| Q1 2024 | +5.2% | +5.5% | +9.0% | |
| Q4 2023 | -3.3% | -8.7% | -6.8% | |
| Q3 2023 | +0.0% | +1.5% | -6.1% | |
| Q2 2023 | -2.6% | +1.2% | -8.4% | |
| Q1 2023 | -2.8% | -1.9% | -4.9% | |
| Q4 2022 | +16.9% | +17.2% | +14.6% | |
| Q3 2022 | -0.9% | +2.4% | +7.6% | |
| Q2 2022 | -2.0% | -7.2% | -12.2% | |
| Q1 2022 | +0.3% | -2.1% | -0.2% | |
| Q2 2021 | +9.2% | -1.2% | -0.3% | |
| Q4 2021 | +1.0% | +1.7% | +1.1% | |
| Q1 2021 | +0.2% | +2.8% | -1.2% | |
| Q4 2020 | +0.6% | +2.3% | +7.5% | |
| Q3 2021 | +2.0% | +2.8% | +13.9% | |
| Q3 2020 | +4.4% | +4.4% | +42.5% | |
| Q2 2020 | +0.7% | +7.7% | +10.0% | |
| Q1 2020 | +4.6% | +1.6% | +16.2% | |
| Q4 2019 | +8.1% | +15.7% | +11.3% | |
| Q3 2019 | +8.3% | +2.7% | -0.7% | |
| Q2 2019 | -5.2% | -0.9% | -3.3% | |
| Q1 2019 | -4.5% | -3.3% | +5.1% | |
| Q4 2018 | +6.5% | -6.8% | -1.6% | |
| Q3 2018 | +1.3% | -4.9% | -14.1% | |
| Q2 2018 | -2.0% | -0.0% | +9.3% | |
| Q1 2018 | +6.7% | +6.0% | +13.3% | |
| Q4 2017 | -4.3% | -3.4% | +0.8% | |
| Q3 2017 | -5.4% | -0.5% | +3.5% | |
| Q2 2017 | -3.2% | +0.8% | +5.7% | |
| Q1 2017 | -4.2% | -3.1% | +2.2% | |
| Q4 2016 | +1.2% | +2.6% | -3.6% | |
| Q3 2016 | +9.0% | +17.2% | +21.3% | |
| Q2 2016 | +0.4% | -1.3% | +1.7% | |
| Q1 2016 | -10.4% | — | — | |
| Q4 2015 | -10.5% | — | — | |
| Q3 2015 | -1.5% | — | — | |
| Q2 2015 | +3.9% | — | — | |
| Q1 2015 | +0.6% | — | — | |
| Q4 2014 | +2.7% | — | — | |
| Q3 2014 | -1.4% | — | — | |
| Q2 2014 | -7.2% | — | — | |
| Q1 2014 | +1.3% | — | — | |
| Q4 2013 | -2.5% | — | — | |
| Q3 2013 | -0.9% | — | — | |
| Q2 2013 | -7.5% | — | — | |
| Q1 2013 | -18.9% | — | — | |
| Q4 2012 | +3.0% | — | — | |
| Q3 2012 | -4.1% | — | — | |
| Q2 2012 | -2.6% | — | — | |
| Q4 2009 | -2.8% | — | — | |
| Q1 2012 | -6.6% | — | — | |
| Q4 2011 | +1.5% | — | — | |
| Q3 2010 | +1.2% | — | — | |
| Q3 2011 | +1.2% | — | — | |
| Q2 2010 | +1.1% | — | — | |
| Q2 2011 | +1.1% | — | — | |
| Q1 2010 | -1.9% | — | — | |
| Q4 2010 | -1.9% | — | — | |
| Q1 2011 | -1.9% | — | — |
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