Regal Rexnord Corporation (RRX) Q4 2023 Earnings Call Transcript

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Q4: 2024-02-07 Earnings Summary

EPS of $2.28 beats by $0.04
 | Revenue of $1.61B (29.20% Y/Y) misses by $15.80M

Regal Rexnord Corporation (NYSE:RRX) Q4 2023 Earnings Conference Call February 8, 2024 10:00 AM ET

Company Participants

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

Conference Call Participants

Mike Halloran - Baird
Nigel Coe - Wolfe Research
Jeff Hammond - KeyBanc
Julian Mitchell - Barclays
Joe Ritchie - Goldman Sachs
Christopher Glynn - Oppenheimer
Walter Liptak - Seaport

Operator

Good morning and welcome to the Regal Rexnord Fourth Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. And now, I would like to turn the conference over to Robert Barry, Vice President of Investor Relations. Please go ahead.

Robert Barry

Great. Thank you operator. Good morning and welcome to Regal Rexnord’s fourth quarter 2023 earnings conference call. Joining me today are Louis Pinkham, our Chief Executive Officer and Rob Rehard, our Chief Financial Officer.

I’d like to remind you that during today’s call, you may hear forward-looking statements related to our future financial results, plans and business operations. Our actual results may differ materially from those projected or implied due to a variety of factors, which we describe in greater detail in today’s press release and in our reports filed with the SEC, which are available on the regalrexnord.com website.

On Slide 3, we state that we are presenting certain non-GAAP financial measures that we believe are useful to our investors and we have included reconciliations between the non-GAAP financial information and the GAAP equivalent in the press release and in these presentation materials.

Turning to Slide 4. Let me briefly review the agenda for today’s call. Louis will lead off with his opening comments and an overview of our 4Q performance, Rob Rehard will then provide our fourth quarter financial results in more detail and lay

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