RBC Bearings To Webcast Fourth Quarter Fiscal Year 2014 Results Earnings Conference Call May 28th
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 fourth quarter fiscal year 2014 conference call on Wednesday, May 28th 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, Director, Vice President and Chief Financial Officer, will recap the fourth quarter 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 877-703-6107 (international callers dial 857-244-7306) and enter conference ID # 82390053. An audio replay of the call will be available from 3:00 p.m. ET on Wednesday, May 28th until 11:59 p.m. ET on Wednesday, June 4th. The replay can be accessed by dialing 888-286-8010 (international callers dial 617-801-6888) and entering conference call ID # 77007536. 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 2,361 people and operates 26 manufacturing facilities in five 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.