NYSE:RRXElectrical
Assessing Regal Rexnord’s Valuation After Earnings Spark Strong Backlog And Margin Momentum
Earnings event puts Regal Rexnord in focus
Regal Rexnord (RRX) is back on investors’ radar after its latest quarterly earnings, where higher adjusted earnings, net income, and operating margins coincided with strong demand in data center, automation, and aerospace markets.
See our latest analysis for Regal Rexnord.
The earnings news has gone hand in hand with a sharp re-rating in the share price, with a 1-day share price return of 5.9%, a 30-day share price return of 38.8%, and a 1-year total...