OXFORD, Conn. (AP) — OXFORD, Conn. (AP) — RBC Bearings Inc. (RBC) on Thursday reported fiscal second-quarter profit of $51.7 million.

The Oxford, Connecticut-based company said it had net income of $1.58 per share. Earnings, adjusted for one-time gains and costs, were $2.17 per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2 per share.

The maker of bearings and components posted revenue of $385.6 million in the period, which did not meet Street forecasts. Three analysts surveyed by Zacks expected $390.2 million.

For the current quarter ending in December, RBC Bearings said it expects revenue in the range of $370 million to $380 million.

The company expects full-year revenue in the range of $1.55 billion to $1.6 billion.

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