Stock Track | Rockwell Automation Shares Tumble as Earnings Miss Estimates, Outlook Cut
Rockwell Automation Inc. shares plunged in pre-market trading after the industrial automation company missed Wall Street estimates for its fiscal fourth quarter earnings and slashed its outlook for 2025 amid weakening demand.The Milwaukee-based company reported adjusted earnings per share of $2.47 for the quarter ended September 30, narrowly beating analysts' average estimate of $2.41. However, revenues fell 21% year-over-year to $2.04 billion, missing expectations of $2.08 billion.The miss on t