Regal Rexnord Q3 2026: Data Center Surge Powers Earnings Beat
As seen on the 24/7 Wall St. homepage on November 3, 2026.
Data center sales jumped 307%, lifting full-year adjusted EPS guidance to $10.60 to $10.90. Management is also exploring a sale of the autonomous mobile solutions business, which took a goodwill writedown and flipped the quarter to a GAAP loss.
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Regal Rexnord posted adjusted diluted EPS of $2.90 for the third quarter of 2026, exceeding expectations, with revenue of $1.59 billion also clearing estimates.
Data center sales surged 307%, pushing the Automation and Motion Control segment to 24.5% revenue growth. CEO Aamir Paul said orders outside data centers grew 13%.
Management raised and narrowed full-year 2026 adjusted diluted EPS guidance to a range of $10.60 to $10.90.
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A non-cash goodwill impairment charge of $119 million tied to the autonomous mobile solutions business flipped the quarter to a net loss of $12.5 million. The company is exploring a sale of that business as part of a broader portfolio review.
A divestiture of the autonomous mobile solutions business is on the table, sharpening the forward earnings picture. The raised guidance midpoint of $10.75 includes $0.58 of net benefit from IEEPA tariff refunds.
Sources
Mentioned: RRX