Regal Beloit Corporation's (RBC) CEO Louis Pinkham on Q2 2021 Results - Earnings Call Transcript

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Q2: 2021-07-28 Earnings Summary

EPS of $2.28 beats by $0.21
 | Revenue of $886.90M (39.87% Y/Y) beats by $58.68M

Regal Beloit Corporation (RBC) Q2 2021 Earnings Conference Call July 29, 2021 10:00 AM ET

Company Participants

Robert Barry - Vice President, Investor Relations
Louis Pinkham - Chief Executive Officer
Rob Rehard - Vice President and CFO

Conference Call Participants

Michael Halloran - Baird
Jeff Hammond - KeyBanc Markets
Christopher Glynn - Oppenheimer
Joe Ritchie - Goldman Sachs
Nigel Coe - Wolfe Research

Operator

Good day. And welcome to the Regal Second Quarter 2021 Earnings Conference Call. All participants will be in listen-only mode. [Operator Instructions] After today’s presentation, there’ll be an opportunity to ask questions. [Operator Instructions]

Please note this event is being recorded. I would now like to turn the conference over to Mr. Robert Barry, Vice President of Investor Relations. Please go ahead.

Robert Barry

Great. Thanks, Ian. Good morning, everyone. Welcome to Regal Beloit’s second quarter. 2021 earnings call. Joining me today are Louis Pinkham, our Chief Executive Officer; and Rob Rehard, our Vice President and Chief Financial Officer.

Before turning the call over to Louis, I’d like to remind you that the statements made in this conference call that are not historical in nature are forward-looking statements. Forward-looking statements are not guarantees since there are inherent difficulties in predicting future results and actual results could differ materially from those expressed or implied in the forward looking-statements. For a list of factors that could cause actual results differ materially from projected results, please refer to today’s earnings release and our SEC files.

On slide three, we stated we are presenting certain non-GAAP financial measures in this presentation. We believe that these are useful financial measures to provide you with additional insight into our operating performance and for helping investors understand and compare our operating results across accounting periods and in the same manner as management.

Please

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