Why Is RBC Bearings Stock Trading Higher Today?
Why Is RBC Bearings Stock Trading Higher Today?
RBC Bearings Incorporated (NYSE:RBC) shares are trading higher after it reported fourth-quarter FY24 results.
加拿大皇家银行轴承公司（纽约证券交易所代码：RBC）在公布24财年第四季度业绩后股价走高。
Net sales rose 4.9% Y/Y to $413.7 million, beating the consensus of $413.5 million.
净销售额同比增长4.9％，至4.137亿美元，超过了市场预期的4.135亿美元。
By segment, Aerospace/Defense revenue grew 16.8% Y/Y, while Industrial revenue declined 0.4% Y/Y in the quarter.
按细分市场划分，航空航天/国防收入同比增长16.8％，而本季度工业收入同比下降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.
调整后的毛利率从去年同期的42.2％扩大至43.1％，调整后的息税折旧摊销前利润率从去年的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，积压量为7.261亿美元。调整后的每股收益同比增长16.0％，至2.47美元，超过了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."
董事长兼首席执行官迈克尔·哈特奈特表示：“我们的航空航天和国防板块继续保持强劲的长期增长，全年收入增长20.7％，而我们的工业板块继续超过更广泛的行业趋势，相对于同行，增长显著。”
"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."
“在运营效率和道奇持续协同效应以及创纪录的自由现金流创造水平的推动下，我们还实现了可观的利润增长，这被用来将债务进一步减少至道奇之后的低点。我们期待又一年实现强劲的自由现金流和债务减免，该公司有望在2025财年结束时净杠杆率远低于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
另请阅读： 加拿大皇家银行轴承可能会公布更高的第四季度收益；以下是华尔街最准确的分析师的最新预测变化
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：对于25财年第一季度，该公司预计净销售额为4.15亿美元至4.2亿美元，而市场预期为4.08亿美元。
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).
投资者可以通过第一信托澳大利亚央行美国工业复兴ETF（纳斯达克股票代码：AIRR）和纽伯格伯尔曼ETF信托纽伯格伯尔曼中小型股ETF（纽约证券交易所代码：NBSM）获得股票敞口。
Price Action: RBC shares are up 4.28% at $279.00 at the last check Friday.
价格走势：在周五的最后一次支票中，加拿大皇家银行股价上涨4.28％，至279.00美元。
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