RBC Bearings Delivers Record Q1 and Guides Q2 Above Consensus
RBC sits 58% above its 52-week low of $364.5.
Summary
RBC Bearings reported fiscal Q1 2027 results well above expectations, with sales up 19% and adjusted EPS of $3.88. Q2 guidance of $505M–$515M implies continued double-digit growth, and record backlog supports the outlook.
Key Events · Earnings and Guidance · RBC
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Q1 Sales Surge 19% to $519.5M
Net sales rose 19.2% year-over-year, with Aerospace & Defense up 36.9% and Industrial up 8.4%. VACCO contributed $34.4M.
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Adjusted EPS of $3.88 Beats by Wide Margin
Adjusted diluted EPS jumped 36.6% from $2.84 a year ago, driven by margin expansion and operating leverage.
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Q2 Guidance Implies 11-13% Growth
Company expects Q2 sales of $505M–$515M, above the prior-year $455.3M, with gross margin of 45.5%–45.75%.
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Record Backlog of $2.3B Provides Visibility
Backlog held at $2.3 billion, flat sequentially but more than double the $1.0 billion a year ago, underpinning the growth outlook.
Analysis · RBC · Technology
A standout quarter for RBC Bearings saw sales climb 19% to $519.5M, fueled by a 37% surge in Aerospace & Defense. Adjusted EPS of $3.88 crushed the prior year's $2.84, while margins expanded sharply—gross margin reached 47.7% versus 44.8%. The company guided Q2 sales to $505M–$515M, a range that likely exceeds Street expectations and signals sustained momentum. Backlog held at a record $2.3B, more than double the year-ago level, providing strong visibility. This high-quality beat-and-raise reinforces the bull case for RBC's multi-year aerospace upcycle.
At the time of this filing, RBC was trading at $575.00 on NYSE in the Technology sector, with a market capitalization of approximately $17.8B. The 52-week trading range was $364.50 to $667.69. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.