RBC Bearings To Webcast First Quarter Fiscal Year 2012 Results Earnings Conference Call August 4th
RBC Bearings Incorporated (Nasdaq: ROLL), a leading international
manufacturer of highly-engineered precision plain, roller and ball
bearings for the industrial, defense, and aerospace industries, today
RBC Bearings Incorporated (Nasdaq: ROLL), a leading international manufacturer of highly-engineered precision plain, roller and ball bearings for the industrial, defense, and aerospace industries, today announced that it will host a live webcast of its first quarter fiscal year 2012 conference call on Thursday, August 4th at 11:00 a.m. ET. The Company will issue an earnings release before the market opens that morning. Dr. Michael J. Hartnett, Chairman, President and Chief Executive Officer, and Daniel A. Bergeron, Vice President and Chief Financial Officer, will recap the first quarter financial results and accomplishments. To access the webcast, go to the investor relations portion of the Company’s web site, www.rbcbearings.com, on the day of the conference call and click on the webcast link. If you do not have access to the Internet and wish to listen to the call, dial 866-700-7173 (international callers dial 617-213-8838) and enter conference ID # 97457346. An audio replay of the call will be available from 2:00 p.m. ET on Thursday, August 4th until 11:59 p.m. ET on Thursday, August 11th. The replay can be accessed by dialing 888-286-8010 (international callers dial 617-801-6888) and entering conference call ID #32048506. Investors are advised to dial into the call at least ten minutes prior to the call to register. About RBC Bearings RBC Bearings Incorporated is an international manufacturer and marketer of highly engineered precision bearings and components. Founded in 1919, the Company is primarily focused on producing highly technical or regulated bearing products requiring sophisticated design, testing, and manufacturing capabilities for the diversified industrial, aerospace, and defense markets. Headquartered in Oxford, Connecticut, RBC Bearings currently employs approximately 2,052 people and operates 23 manufacturing facilities in four countries.
Bank of America upgraded RBC Bearings (ROLL) to "buy" from "neutral" and set a $75 target price. The firm noted aerospace and defense demand remains strong and the worst of the industrial business is likely already behind the company.