Rbc bearings reports q4 eps $1.35

Orporated announces fiscal 2020 fourth quarter results.q4 earnings per share $1.35.q4 sales $185.8 million versus refinitiv ibes estimate of $183.3 million.q4 earnings per share estimate $1.33 -- refinitiv ibes data.q4 adjusted earnings per share $1.33.sees q1 sales about $150 million to $155 million.covid-19 pandemic impacted commercial aerospace and industrial sales in march of our q4 of fiscal 2020.rbc bearings - during march of q4, fiscal 2020 commercial aerospace sales also faced headwinds associated with build rate changes on boeing 737 max.rbc bearings- in q4, did not experience significant disruptions in our supply chain or with customers as a result of covid-19.anticipate that our production and sales in fiscal 2021 will be negatively affected by economic implications of pandemic.commercial aerospace oem and aftermarket will be impacted by decline in air travel and changes in production rates.sales to industrial markets will be adversely affected in first two quarters of fiscal 2021.expect to see demand increasing as "shelter in place" directives are eliminated.ended fiscal 2020 with a strong cash balance and liquidity position.rbc bearings - cash at march 28, was $103.3 million and co had approximately $259.1 million of undrawn revolving credit on its two bank facilities.
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