Shares of Rexnord (NYSE:RXN) were flat in after-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share increased 23.40% over the past year to $0.58, which beat the estimate of $0.50.
Rexnord (NYSE:RXN) reported quarterly earnings of $0.58 per share which beat the analyst consensus estimate of $0.50 by 16 percent. This is a 23.4 percent increase over earnings of $0.47 per share from the same period
Companies Reporting Before The Bell
• Signature Bank (NASDAQ:SBNY) is likely to report quarterly earnings at $3.14 per share on revenue of $466.52 million.
Shares of Rexnord (NYSE:RXN) rose by 4.58% in the past three months. Before we understand the importance of debt, let us look at how much debt Rexnord has.