Rbc bearings incorporated provides earnings guidance for the third quarter fiscal 2020

Rbc bearings incorporated provided earnings guidance for the third quarter fiscal 2020. the company expects net sales to be approximately $177.0 million to $179.0 million in the third quarter of fiscal 2020. this would result in a growth rate of 3.2% to 4.4% on a year-over-year basis and 3.6% to 4.7% excluding $2.9 million in sales associated with miami division, which was sold in the third quarter of fiscal 2019, and $2.5 million of sales associated with swiss tool, which the company acquired in the second quarter of fiscal 2020.
ROLL Ratings Summary
ROLL Quant Ranking