Regal beloit posts q3 earnings per share of $1.19

Regal beloit corporation announces third quarter 2019 financial results.sees fy 2019 gaap earnings per share $5.85 to $5.95.q3 adjusted earnings per share $1.35.q3 earnings per share $1.19.q3 sales $772.3 million versus refinitiv ibes estimate of $808.7 million.q3 earnings per share estimate $1.32 -- refinitiv ibes data.lowers fy 2019 adjusted earnings per share view to $5.45 to $5.55.fy2019 earnings per share view $5.52 -- refinitiv ibes data.qtrly inventories down $39.6 million from end of q2 2019.
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