Divestiture May 2019 Verified
Regal Beloit Expects Additional Gain on Sale of Assets in FY 2019
Regal Beloit's full-year 2019 guidance includes an expected gain on the sale of assets of $38.7 million, or $0.74 per share, indicating further planned divestitures.
“Expecting Gain on the Sale of Assets of $38.7 Million or $0.74 per Share”
Entities
Other Sentiment: Positive
Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.