Regal beloit corporation reports earnings results for the third quarter ended september 28, 2019

Regal beloit corporation announced earnings results for the third quarter ended september 28, 2019. for the third quarter, the company announced sales was usd 772.3 million compared to usd 925.4 million a year ago. operating income was usd 72.8 million compared to usd 69.4 million a year ago. net income was usd 49.7 million compared to usd 51.3 million a year ago. basic earnings per share was usd 1.2 compared to usd 1.18 a year ago. diluted earnings per share was usd 1.19 compared to usd 1.17 a year ago. for the nine months, sales was usd 2,499.8 million compared to usd 2,763.9 million a year ago. operating income was usd 289.4 million compared to usd 257.2 million a year ago. net income was usd 202.2 million compared to usd 175.6 million a year ago. basic earnings per share was usd 4.78 compared to usd 4.01 a year ago. diluted earnings per share was usd 4.75 compared to usd 3.98 a year ago.
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