OXFORD, Conn. (AP) _ RBC Bearings Inc. (ROLL) on Thursday reported fiscal first-quarter net income of $26 million.

On a per-share basis, the Oxford, Connecticut-based company said it had profit of $1.03. Earnings, adjusted for restructuring costs, were $1.04 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1 per share.

The maker of bearings and components posted revenue of $156.2 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $159.3 million.

For the current quarter ending in October, RBC Bearings said it expects revenue in the range of $158 million to $162 million.

RBC Bearings shares have climbed 29% since the beginning of the year. The stock has risen 86% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROLL at https://www.zacks.com/ap/ROLL

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