What caused RBC's Q1 2025 earnings to miss forecasts?
4/13/2025 06:19pm
RBC Bearings' Q1 2025 earnings missed forecasts due to several factors:
1. **Revenue Shortfall**: The company's revenue for Q1 2025 was reported at $406.3 million, which was a 2.5% shortfall from analysts' expectations. This decline was primarily due to a soft quarter for the company, with a significant miss of analysts' adjusted operating income estimates.
2. **Earnings Per Share (EPS) Miss**: The EPS for RBC Bearings in Q1 2025 was reported at $2.29, which was below the expected $2.30. This slight miss was due to a variety of factors, including competitive pressures and operational inefficiencies.
In summary, RBC Bearings' Q1 2025 earnings missed forecasts due to a combination of lower-than-expected revenue and a slight shortfall in earnings per share.