RBC Bearings INC Q2 FY2024 Earnings Call

RBC Bearings INC (RBC)

Earnings Call FY2024 Q2 Call date: 2023-11-09 Concluded

Quarter scorecard

Revenue

$385.60M

+4.4% YoY

Diluted EPS

$1.58

+20.6% YoY

Gross margin

43.1%

+2.2 pp YoY

Net income

$51.70M

+18% YoY

Industrial $258.30M

-2.7%

Aerospace Defense $127.30M

+22.9%

Buybacks (derived)

$200,000