RBC Bearings Q2 Profit Rises to $93.8 Million as Revenue Climbs 15.2%

RBC Bearings Incorporated (RBC) reported second-quarter earnings of $93.8 million, or $2.96 per share, up from $60.0 million, or $1.90 per share, a year earlier. Excluding items, the company posted adjusted earnings of $118.7 million, or $3.74 per share. Revenue rose 15.2% to $524.6 million from $455.3 million last year. The company guided next-quarter revenue to a range of $520.0 million to $525.0 million.