Rockwell Automation Inc. (ROK) reported that its first-quarter net income decreased to $161.4 million or $1.14 per share from $183.3 million or $1.27 per share last year. Adjusted profit per share for the quarter was $1.23. On average, 16 analysts polled by Thomson Reuters expected the company to report profit of $1.27 per share for the quarter. Analysts' estimates typically exclude special items.
First-quarter sales were $1.49 billion, up 1 percent from $1.47 billion last year. Organic sales increased 1.5 percent and currency translation reduced sales by less than 1 percentage point. Analysts expected revenue of $1.48 billion for the quarter.
The company reaffirmed its outlook for fiscal 2013. The company expects sales to be in the range of $6.35 billion to $6.65 billion, with corresponding adjusted profit per share of $5.35 to $5.75. Analysts expect the company to report fiscal 2013 profit per share of $5.57 on revenue of $6.48 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.