NYSE$RRX
Regal Rexnord Corp · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Regal Rexnord pre-released selected financial measures for Q3 2022 and announced the acquisition of Altra Industrial Motion.
Regal Rexnord pre-released selected anticipated third quarter 2022 financial measures, including net sales of $1,325.3 million and adjusted diluted earnings per share of $2.66. The company also announced a definitive agreement to acquire Altra Industrial Motion for $62.00 per share in an all-cash transaction.
- Regal Rexnord to acquire Altra Industrial Motion in an all-cash transaction for $62.00 per share.
- Transaction values Altra at $4.95 billion, representing 13.6x LTM Adjusted EBITDA.
- Regal Rexnord expects 2022 pro forma revenue of ~$7.2 billion with the addition of Altra.
- Preliminary third quarter 2022 net sales were $1,325.3 million, and adjusted diluted earnings per share were $2.66.
Headline financials
Revenue & EPS history
Regal Rexnord · Revenue · Quarterly
$1.33B
Revenue by segment
Regal Rexnord · $1.52B total across 3 segments · Q3 2023
- Industrial Powertrain$641M—42.1%
- Power Efficiency$461M—30.3%
- Automation & Motion$420M—27.6%
Forward guidance
For the full year of 2022, Regal Rexnord now expects adjusted diluted earnings per share to be in a range of $10.35 to $10.75, which contemplates, among other factors, expected net interest expense of $66 million vs. $50 million expected previously. This and other guidance from Regal Rexnord does not reflect any costs, expenses or other effects of the transaction.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+0.1%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+0.9%
Avg return
30 days after
43%
28 / 65 earnings
Positive
+13.6%
Q1 2025
Best reaction
-15.9%
Q3 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +4.5% | +0.3% | -0.5% | |
| Q4 2025 | +12.2% | +24.9% | +4.6% | |
| Q3 2025 | -3.7% | -10.2% | -3.1% | |
| Q1 2025 | +13.6% | +21.7% | +25.5% | |
| Q4 2024 | -7.9% | -12.5% | -20.9% | |
| Q3 2024 | -0.6% | +3.6% | +2.3% | |
| Q2 2024 | +2.8% | -7.4% | +5.9% | |
| Q1 2024 | -4.8% | -2.4% | -13.6% | |
| Q4 2023 | +7.6% | +12.2% | +25.9% | |
| Q3 2023 | -15.9% | -14.5% | +5.0% | |
| Q2 2023 | +7.6% | +3.7% | +4.3% | |
| Q1 2023 | -2.2% | -2.3% | +6.2% | |
| Q4 2022 | +12.2% | +12.2% | +16.4% | |
| Q3 2022 | -12.2% | -21.0% | -14.8% | |
| Q2 2022 | -0.6% | +1.8% | +2.4% | |
| Q1 2022 | -2.7% | -2.7% | -6.3% | |
| Q4 2020 | -1.6% | -4.6% | -5.0% | |
| Q3 2021 | +8.2% | +9.2% | +6.7% | |
| Q2 2021 | +3.8% | +4.0% | +1.0% | |
| Q1 2021 | -1.5% | -1.6% | -6.8% | |
| Q3 2020 | +4.4% | +8.0% | +12.0% | |
| Q2 2020 | +0.1% | +2.0% | +2.6% | |
| Q1 2020 | +3.4% | +4.4% | +16.0% | |
| Q4 2019 | -4.0% | -2.7% | -28.8% | |
| Q3 2019 | +0.5% | -0.3% | +1.0% | |
| Q2 2019 | +1.4% | +0.2% | -0.0% | |
| Q1 2019 | +2.2% | +2.7% | +3.7% | |
| Q4 2018 | -1.3% | -0.5% | -4.6% | |
| Q3 2018 | +0.8% | -0.4% | -0.2% | |
| Q2 2018 | -0.9% | -2.2% | +1.3% | |
| Q1 2018 | -3.9% | +0.3% | -2.9% | |
| Q4 2017 | -3.5% | -6.9% | -2.1% | |
| Q3 2017 | -5.4% | -4.2% | -6.6% | |
| Q2 2017 | -4.7% | -6.5% | -11.9% | |
| Q1 2017 | -0.7% | +1.3% | +4.8% | |
| Q4 2016 | +0.9% | +0.7% | +1.6% | |
| Q3 2016 | +6.1% | +7.7% | +16.4% | |
| Q2 2016 | +2.3% | +3.6% | -4.4% | |
| Q1 2016 | -1.2% | — | — | |
| Q3 2015 | -3.8% | — | — | |
| Q2 2015 | -0.0% | — | — | |
| Q1 2015 | +0.4% | — | — | |
| Q4 2013 | -1.1% | — | — | |
| Q4 2015 | -1.1% | — | — | |
| Q3 2014 | +0.6% | — | — | |
| Q2 2014 | -0.8% | — | — | |
| Q1 2014 | +2.0% | — | — | |
| Q3 2013 | -0.4% | — | — | |
| Q2 2013 | -0.2% | — | — | |
| Q1 2013 | -2.1% | — | — | |
| Q4 2012 | +0.8% | — | — | |
| Q4 2010 | +0.8% | — | — | |
| Q3 2012 | -3.1% | — | — | |
| Q2 2012 | +1.9% | — | — | |
| Q1 2012 | -0.4% | — | — | |
| Q4 2011 | -1.1% | — | — | |
| Q3 2011 | +0.7% | — | — | |
| Q2 2011 | -1.4% | — | — | |
| Q1 2011 | +3.2% | — | — | |
| Q4 2008 | +3.2% | — | — | |
| Q3 2010 | -1.1% | — | — | |
| Q3 2009 | -1.1% | — | — | |
| Q2 2009 | -1.2% | — | — | |
| Q2 2010 | -1.2% | — | — | |
| Q1 2010 | -1.2% | — | — |
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