Regal Beloit Q3 Profit Increases, Narrows Q4 Outlook; CFO Regal Beloit To Retire

Regal Beloit Corp. (RBC) Monday announced third quarter net income attributable to the company of $62.2 million, up from $59.6 million in the prior year. On a per share basis, earnings increased to $0.26 from $0.24 in the prior year. Adjusted earnings per share was $1.37.

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