Regal Rexnord raises 2026 adjusted EPS guide to $10.60-$10.90 while exploring AMS sale (NYSE:RRX)

Regal Rexnord's new CEO, Aamir Paul, plans to streamline operations, trim the portfolio, and focus on growth. The company aims to sell its autonomous mobile solutions group, which generated $501 million in sales last quarter. Paul is confident in building a higher-growth, higher-margin Regal Rexnord. Separately, Agility Robotics is set to list on Nasdaq via a SPAC merger, valued at $2.5 billion, with $465 million in expected gross proceeds.

Regal Rexnord (RRX) reported Q3 earnings, noting supply chain and manufacturing challenges in its IPS and AMC segments. IPS saw a 9.6% rise in daily orders but a 1.8% decline in organic sales. AMC organic sales increased 25.2%, driven by data center and discrete automation demand. The company raised its 2026 sales outlook to $6.22B and adjusted EPS guidance to $10.60-$10.90. It is reviewing its portfolio, including a potential sale of its AMS business.

Regal Rexnord (RRX) reported Q3 2026 earnings, highlighting organic growth acceleration to 6% but with challenges in IPS and AMC divisions. IPS sales declined 1.8% due to plant issues, and adjusted gross margins fell 80 bps YoY. Full-year IPS growth outlook was lowered to flat to low single-digits. ePod shipments are delayed to Q1 2027, pushing revenue recognition.

Regal Rexnord reported Q3 2026 earnings, noting strong demand in data centers, commercial HVAC, and discrete automation, but IPS output lagged. Management paused plant consolidations to boost output and address material planning issues. A portfolio review is underway to identify high-growth businesses. The company updated 2026 guidance, expecting AMC and PES to offset IPS weaknesses. It is exploring the sale of its Autonomous Mobile Solutions business due to lack of internal software expertise.

Regal Rexnord reported 3Q 2026 revenue of $1.59B, up 6.1% YoY, but a net loss of $12.5M and EPS loss of $0.19. AMC segment sales rose 24.5%, while IPS and PES saw mixed results. The company plans to sell its AMS business and expects $110M in capital spending for 2026.

Regal Rexnord (RRX) reported Q3 2026 earnings, highlighting operational improvements, strategic focus, and growth mindset as priorities. Orders rose 5.7% YoY, with organic sales growth at 6.1%. Adjusted EPS was $2.72, 15 cents above the midpoint estimate. The company aims to optimize operations, concentrate on high-potential growth areas, and build a stronger growth culture. It is exploring the sale of its Autonomous Mobile Solutions business. Net debt to adjusted EBITDA improved to 2.9x.