Regal Beloit Corporation Announces Fourth Quarter 2020 Financial Results
- Revenue Growth Turned Firmly Positive
- Incremental Margins of 54% Supported Further Sizable Operating Margin Gains
- Free Cash Flow of $108 Million, Cash Flow Conversion at 175%
- Company to Host Earnings Conference Call at 9:00 AM CT Today
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BELOIT, Wis., Feb. 16, 2021 /PRNewswire/ Regal Beloit Corporation (NYSE: RBC), a global leader in the engineering and manufacturing of high-efficiency electric motors and power transmission products, reported fourth quarter 2020 diluted earnings per share of $1.23 compared to $0.89 a year ago. Fourth quarter 2020 adjusted diluted earnings per share were $1.78 compared to $1.25 a year ago. Full year 2020 diluted earnings per share were $4.64. Full year 2020 adjusted diluted earnings per share were $5.77.