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Rockwell Automation Inc. Q4 adjusted earnings Beat Estimates

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News   | Join Us
rttnewslogo20mar2024

Rockwell Automation Inc. (ROK) released earnings for its fourth quarter that climbed from the same period last year.

The company's profit totaled $262.7 million, or $2.25 per share. This compares with $8.1 million, or $0.07 per share, in last year's fourth quarter.

Excluding items, Rockwell Automation Inc. reported adjusted earnings of $219.1 million or $1.87 per share for the period.

Analysts had expected the company to earn $1.76 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 9.2% to $1.57 billion from $1.73 billion last year.

Rockwell Automation Inc. earnings at a glance:

-Earnings (Q4): $219.1 Mln. vs. $235.9 Mln. last year.
-EPS (Q4): $1.87 vs. $2.01 last year.
-Analysts Estimate: $1.76
-Revenue (Q4): $1.57 Bln vs. $1.73 Bln last year.

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