Why Is RBC Bearings Stock Trading Higher Today?
Why Is RBC Bearings Stock Trading Higher Today?
Adjusted gross margin expanded to 43.1% from 42.2% in the same quarter a year ago, and adjusted EBITDA margin rose to 31.4% from 30.7% last year.RBC Bearings Incorporated (NYSE:RBC) shares are trading higher after it reported fourth-quarter FY24 results.
加拿大皇家銀行軸承公司（紐約證券交易所代碼：RBC）在公佈24財年第四季度業績後股價走高。
Net sales rose 4.9% Y/Y to $413.7 million, beating the consensus of $413.5 million.
淨銷售額同比增長4.9％，至4.137億美元，超過了市場預期的4.135億美元。
By segment, Aerospace/Defense revenue grew 16.8% Y/Y, while Industrial revenue declined 0.4% Y/Y in the quarter.
按細分市場劃分，航空航天/國防收入同比增長16.8％，而本季度工業收入同比下降0.4％。
Adjusted gross margin expanded to 43.1% from 42.2% in the same quarter a year ago, and adjusted EBITDA margin rose to 31.4% from 30.7% last year.
調整後的毛利率從去年同期的42.2％擴大至43.1％，調整後的息稅折舊攤銷前利潤率從去年的30.7％上升至31.4％。
As of March 30, 2024, the backlog stood at $726.1 million. Adjusted EPS increased 16.0% Y/Y to $2.47, surpassing the street view of $2.36.
截至2024年3月30日，積壓量爲7.261億美元。調整後的每股收益同比增長16.0％，至2.47美元，超過了2.36美元的街景。
Michael J. Hartnett, Chairman and Chief Executive Officer, said, "Our Aerospace and Defense segment continued its strong secular growth with revenues expanding 20.7% in the year, and our Industrial segment continued to outpace broader industry trends with notable outgrowth relative to peers."
董事長兼首席執行官邁克爾·哈特奈特表示：“我們的航空航天和國防板塊繼續保持強勁的長期增長，全年收入增長20.7％，而我們的工業板塊繼續超過更廣泛的行業趨勢，相對於同行，增長顯著。”
"We also delivered healthy margin expansion fueled by operating efficiencies and ongoing Dodge synergies coupled with record levels of free cash flow generation, which was used to further reduce debt to a post-Dodge low. We look to another year of strong free cash flow generation and debt reduction, with the company poised to finish Fiscal 2025 with net leverage nicely below 2.0x."
“在運營效率和道奇持續協同效應以及創紀錄的自由現金流創造水平的推動下，我們還實現了可觀的利潤增長，這被用來將債務進一步減少至道奇之後的低點。我們期待又一年實現強勁的自由現金流和債務減免，該公司有望在2025財年結束時淨槓桿率遠低於2.0倍。”
Also Read: RBC Bearings Likely To Report Higher Q4 Earnings; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
另請閱讀： 加拿大皇家銀行軸承可能會公佈更高的第四季度收益；以下是華爾街最準確的分析師的最新預測變化
Outlook: For the first quarter FY25, the company expects net sales of $415.0 million to $420.0 million versus the consensus of $408.0 million.
展望：對於25財年第一季度，該公司預計淨銷售額爲4.15億美元至4.2億美元，而市場預期爲4.08億美元。
Investors can gain exposure to the stock via First Trust RBA American Industrial Renaissance ETF (NASDAQ:AIRR) and Neuberger Berman ETF Trust Neuberger Berman Small-Mid Cap ETF (NYSE:NBSM).
投資者可以通過第一信託澳大利亞央行美國工業復興ETF（納斯達克股票代碼：AIRR）和紐伯格伯爾曼ETF信託紐伯格伯爾曼中小型股ETF（紐約證券交易所代碼：NBSM）獲得股票敞口。
Price Action: RBC shares are up 4.28% at $279.00 at the last check Friday.
價格走勢：在週五的最後一次支票中，加拿大皇家銀行股價上漲4.28％，至279.00美元。
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譯文內容由第三人軟體翻譯。
