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Rockwell Automation Inc. Q3 adjusted earnings Beat Estimates

Rockwell Automation Inc. (ROK) revealed earnings for its third quarter that advanced from the same period last year.

The company's earnings came in at $317.8 million, or $2.73 per share. This compares with $261.4 million, or $2.20 per share, in last year's third quarter.

Excluding items, Rockwell Automation Inc. reported adjusted earnings of $148.5 million or $1.27 per share for the period.

Analysts had expected the company to earn $1.15 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 16.8% to $1.39 billion from $1.67 billion last year.

Rockwell Automation Inc. earnings at a glance:

-Earnings (Q3): $148.5 Mln. vs. $284.7 Mln. last year.
-EPS (Q3): $1.27 vs. $2.40 last year.
-Analysts Estimate: $1.15
-Revenue (Q3): $1.39 Bln vs. $1.67 Bln last year.

Full year EPS guidance: $7.40 - $7.60

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