07.05.2024 13:11:02 - dpa-AFX: Rockwell Automation Inc. Q2 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - Rockwell Automation Inc. (ROK) announced a profit
for second quarter that decreased from last year but beat the Street estimates.
The company's earnings totaled $266.2 million, or $2.31 per share. This
compares with $300.3 million, or $2.59 per share, in last year's second quarter.

Excluding items, Rockwell Automation Inc. reported adjusted earnings of $288.0
million or $2.50 per share for the period.

Analysts on average had expected the company to earn $2.16 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 6.6% to $2.13 billion from $2.28
billion last year.

Rockwell Automation Inc. earnings at a glance (GAAP) :

-Earnings (Q2): $266.2 Mln. vs. $300.3 Mln. last year.
-EPS (Q2): $2.31 vs. $2.59 last year.
-Revenue (Q2): $2.13 Bln vs. $2.28 Bln last year.

-Guidance:
Full year EPS guidance: $10.00 - $11.00


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Copyright RTT News/dpa-AFX
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ROCKWELL AU. DL 1 903978 Frankfurt 240,600 14.06.24 08:29:15 +0,900 +0,38% 243,000 245,300 240,600 239,700

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