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AI brief of an SEC Form 8-K · Regal Rexnord (RRX)

Regal Rexnord Q3 sales fall 10.4%, adjusted EPS rises 18.6%; 2024 EPS guidance cut

Mixed Impact 4 of 5 guidance Written later

Regal Rexnord reported third-quarter 2024 results on November 4, 2024. Net sales fell 10.4% to $1,477.4 million, while adjusted diluted EPS rose 18.6% to $2.49, and the company lowered its 2024 EPS guidance on weaker factory automation and general commercial demand. For shareholders, the profit improvement is offset by a weaker sales trend and a reduced full-year earnings outlook.

Key points

  • Q3 net sales were $1,477.4 million, down 10.4% from $1,649.8 million a year earlier, and down 2.7% on an organic basis.
  • Q3 adjusted diluted EPS was $2.49, up from $2.10; GAAP diluted EPS was $1.09, compared with a loss of $2.10 in the prior-year quarter.
  • 2024 adjusted diluted EPS guidance was lowered to $9.15 to $9.45 from $9.40 to $9.80; GAAP diluted EPS guidance was lowered to $3.27 to $3.57 from $3.70 to $4.10.
  • Q3 orders rose 2.5% versus the prior year, and the company now expects modestly positive organic growth in the fourth quarter.

The filing

CompanyRegal Rexnord (RRX)
Form8-K, current report
Filed with the SECNov 5, 2024, 6:45 AM ET
Accession number0000082811-24-000208

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 05, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.