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Regal Beloit's CEO Discusses Q1 2012 Results - Earnings Call Transcript

BY Seeking Alpha | 05/02/12 - 05:20 PM EDT

Stock quotes in this article: RBC

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Regal Beloit Corporation (RBC)

Q1 2012 Earnings Call

May 2, 2012 11:00 am ET

Executives

John Perino – Vice President of Investor Relations

Mark J. Gliebe – Chairman & Chief Executive Officer

Jonathan J. Schlemmer – Chief Operating Officer

Chuck A. Hinrichs – Vice President & Chief Financial Officer

Analysts

Jeff Hammond – KeyBanc Capital Markets

Christopher Glynn - Oppenheimer

Zach Larkin – Stephens, Inc.

Mark Douglass – Longbow Research

Joshua Pokrzywinski – MKM Partners LLC

Jamie Sullivan – RBC Capital Markets, LLC

Michael Halloran – Robert W. Baird & Co. Inc

Walter Liptak – Barrington Research Associates

Scott Graham – Jefferies & Company

Samuel Eisner – William Blair& Company

William Dezellem – Tieton Capital Management

Presentation

Operator

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Good morning and welcome to the Regal Beloit First Quarter 2012 Earnings Conference Call. All participants will be in listen only mode. After today’s presentation, there will be an opportunity to ask questions. (Operator Instructions) Please note this event is being recorded.

I would now like to turn the conference over to John Perino. Please go ahead.

John Perino

Thank you, Andrew. Good morning and welcome to the Regal Beloit first quarter 2012 earnings conference call. Joining me today are Mark Gliebe, Chairman and CEO; Jon Schlemmer, COO; and Chuck Hinrichs, our Vice President and CFO.

Before turning the call over to Mark, I would like to remind you that the statements made in this conference call that are not historical in nature are forward-looking statements. Forward-looking statements are not guarantees since our inherent difficulties in predicting future results and actual results could differ materially from those expressed or implied in forward-looking statements. For a list of those factors that could cause actual results to differ materially from projected results, please refer to today’s earnings release and our filings with the SEC.

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