🐻

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
Stock Track | Rockwell Automation Shares Tumble as Earnings Miss Estimates, Outlook Cut

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet