Bearings manufacturer RBC Bearings (NYSE: RBC) will be announcing earnings results tomorrow before market open. Here’s what to expect.

RBC Bearings met analysts’ revenue expectations last quarter, reporting revenues of $394.4 million, up 5.5% year on year. It was a slower quarter for the company, with a significant miss of analysts’ EPS estimates and a miss of analysts’ EBITDA estimates.

Is RBC Bearings a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting RBC Bearings’s revenue to grow 6.4% year on year to $440 million, improving from the 4.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.70 per share.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. RBC Bearings has missed Wall Street’s revenue estimates five times over the last two years.

Looking at RBC Bearings’s peers in the engineered components and systems segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Regal Rexnord’s revenues decreased 8.4% year on year, beating analysts’ expectations by 3%, and Arrow Electronics reported a revenue decline of 1.6%, topping estimates by 7.2%. Regal Rexnord traded up 13.6% following the results while Arrow Electronics was also up 3.6%.

Read our full analysis of Regal Rexnord’s results here and Arrow Electronics’s results here.

There has been positive sentiment among investors in the engineered components and systems segment, with share prices up 17.6% on average over the last month. RBC Bearings is up 13.9% during the same time and is heading into earnings with an average analyst price target of $384.17 (compared to the current share price of $364.46).

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