Rockwell Automation Inc reports results for the quarter ended in September 30 - Earnings Summary

• Rockwell Automation Inc ROK.N reported quarterly adjusted earnings of $2.47​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $3.64. The mean expectation of twenty analysts for the quarter was for earnings of $2.41 per share. Wall Street expected results to range from $2.25 to $2.54 per share.

• Revenue fell 20.6% to $2.04 billion from a year ago; analysts expected $2.07 billion.

• Rockwell Automation Inc's reported EPS for the quarter was $2.09​.

• The company reported quarterly net income of $239.1 million.

• Rockwell Automation Inc shares had risen by 9.5% this quarter and lost 5.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 10.4% in the last three months.​

• In the last 30 days, four analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 15 "hold" and 4 "sell" or "strong sell."

• The average consensus recommendation for the electrical components & equipment peer group is also "hold"

Wall Street's median 12-month price target for Rockwell Automation Inc is 279.00

This summary was machine generated from LSEG data November 7 at 05:22 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)