India, May 16 -- RBC Bearings Incorporated (RBC) announced earnings for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line totaled $72.7 million, or $2.30 per share. This compares with $55.9 million, or $1.91 per share, last year.
Excluding items, RBC Bearings Incorporated reported adjusted earnings of $89.3 million or $2.83 per share for the period.
Analysts on average had expected the company to earn $2.70 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 5.8% to $437.7 million from $413.7 million last year.
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RBC Bearings Incorporated earnin...