Home Markets Earnings Estimate Forecast on Rexnord Corporation(RXN)

Earnings Estimate Forecast on Rexnord Corporation(RXN)


Rexnord Corporation(RXN): For the most recent quarter end, Rexnord Corporation reported Annual Earnings of $0.25. Based on the filings, last years Annual Earnings was, $1.47. For the most recent quarter end, RXN reported a surprise Earnings per Share of 4.17% . The consensus estimate for current quarter is $0.33 and for the current fiscal year, the estimate is $1.3. For the Next fiscal year, the estimate is $1.36 based on the consensus.

Rexnord Corporation has received $0.33 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 6 Financial Advisor in the Stock Trading Firms. Among 6 Analysts, Bottom line EPS Estimate for the current quarter is $0.32 while the top line estimate is $0.34 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -11.26%. Rexnord Corporation reported better than expected with a surprise EPS of 4.17% or $0.01 during its most recent quarterly earnings. The Actual EPS was $0.25 compared to the Estimated EPS of $0.24.

Rexnord Corporation has a Price to Earnings ratio of 16.78 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 2.3. For the Most Recent Fiscal Year, Rexnord Corporation has a price to cash ratio of 8.54. For the Trailing twelve month period, company showed a Net Profit Margin of 2.43% and Return on Equity of the stock is 19.52%.

Rexnord Corp Last issued its quarterly earnings results on Feb 1, 2017. The company reported $0.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.24. The company had revenue of $452.00 million for the quarter, compared to analysts expectations of $456.87 million. The companys revenue was down -1.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.38 EPS.

Company has reported several Insider transactions to the SEC, on Feb 16, 2017, Todd A. Adams (President & CEO) sold 32,925 shares at 22.35 per share price.On Sep 8, 2016, Craig Wehr (Group Ex., President-Zurn) sold 256 shares at 21.76 per share price.On Aug 15, 2016, David C. Longren (director) purchased 2,000 shares at 21.39 per share price.

Rexnord Corporation (NYSE:RXN) witnessed a decline in the market cap on Wednesday as its shares dropped 1.19% or 0.27 points. After the session commenced at $22.48, the stock reached the higher end at $22.77 while it hit a low of $22.14. With the volume soaring to 716,879 shares, the last trade was called at $22.39. The company has a 52-week high of $22.97. The company has a market cap of $2,316 million and there are 103,426,972 shares in outstanding. The 52-week low of the share price is $15.8.

Rexnord Corporation is an industrial company comprised of two platforms: Process & Motion Control and Water Management. Its Process & Motion Control product portfolio includes gears, couplings, industrial bearings, aerospace bearings and seals, FlatTop (TM) chain, engineered chain and conveying equipment. The Water Management product portfolio includes professional grade specification drainage products, flush valves and faucet products, backflow prevention pressure release valves, PEX piping and engineered valves and gates for the water and wastewater treatment markets. The products are marketed and sold under the brand names, including Zurn(R), Wilkins(R), Rodney Hunt(R), VAG(R), GA(R) and Fontaine(R). Rexnord Corporation is based in Milwaukee, Wisconsin.



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