NASDAQ$RBC
RBC Bearings Incorporated · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Reported a 10.0% increase in net sales, driven by exceptional growth in industrial markets and strong order flow for aerospace and defense products.
RBC Bearings Incorporated reported a 10.0% increase in net sales for the second quarter of fiscal year 2022, reaching $160.9 million. The company experienced significant growth in its industrial markets, while aerospace market net sales declined. Diluted EPS was $0.25 per share, and adjusted diluted EPS was $0.89 per share.
- Net sales increased by 10.0% to $160.9 million compared to the same quarter last year.
- Industrial market net sales increased by 31.1%, while aerospace market net sales declined by 4.4%.
- Operating income was $27.1 million, with an adjusted operating income of $30.5 million excluding certain charges.
- Backlog as of October 2, 2021, was $456.7 million.
Headline financials
Revenue & EPS history
RBC Bearings · Revenue · Quarterly
$161M
Forward guidance
The Company expects net sales to be approximately $245.0 million to $255.0 million in the third quarter of fiscal 2022, a growth rate of 68.0% to 74.8%.
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 Q2 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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro