Bearings manufacturer RBC Bearings (NYSE:RBC) will be reporting earnings tomorrow before the bell. Here’s what to expect.

RBC Bearings missed analysts’ revenue expectations by 2.5% last quarter, reporting revenues of $406.3 million, up 5% year on year. It was a softer quarter for the company, with a miss of analysts’ earnings estimates and revenue guidance for next quarter missing analysts’ expectations.

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 4.9% year on year to $404.5 million, in line with the 4.4% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.30 per share.

The majority of analysts covering the company have 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 six times over the last two years.

Looking at RBC Bearings’s peers in the engineered components and systems segment, some have already reported their Q3 results, giving us a hint as to what we can expect. NN’s revenues decreased 8.7% year on year, missing analysts’ expectations by 5.7%, and Applied Industrial reported flat revenue, topping estimates by 1.5%. Applied Industrial traded up 3.4% following the results.

Read our full analysis of NN’s results here and Applied Industrial’s results here.

Investors in the engineered components and systems segment have had steady hands going into earnings, with share prices flat over the last month. RBC Bearings is down 3.8% during the same time and is heading into earnings with an average analyst price target of $317.25 (compared to the current share price of $286.37).

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