Earnings ·
RBC Bearings reports Q2 fiscal 2027 net income of $93.8M, up 56% on $524.6M in sales
RBCRBC Bearings Inc
RBC Bearings Incorporated reported second quarter fiscal 2027 results with net sales of $524.6 million, a 15.2% increase from the prior year period. Net income rose to $93.8 million, or diluted EPS of $2.96, compared to $60.0 million and $1.90 in the same quarter last year. Adjusted net income was $118.7 million with adjusted diluted EPS of $3.74. The company also announced that its Term Loan was fully repaid during the quarter, contributing to a decrease in interest expense. Backlog increased to $2.4 billion as of September 26, 2026. For the third quarter, management expects net sales between $520.0 million and $525.0 million. RBC Bearings Incorporated is an international manufacturer and marketer of highly engineered precision bearings, components and essential systems for industrial, aerospace and defense markets.