Rockwell Automation, Inc. (ROK) announced the company expects its fiscal 2021 adjusted earnings per share in a range of $8.45 - $8.85. The company noted that its adjusted EPS guidance is presented using the new definition.
For fiscal 2021, Rockwell Automation projects reported sales growth in a range of 6% - 9%. Organic sales growth is anticipated to be in a range of 3.5% - 6.5%.
Fourth quarter adjusted EPS was $1.87, down 7 percent compared to $2.01, last year, primarily due to lower sales, partially offset by a combination of temporary and structural cost actions. Fourth quarter sales were $1.57 billion, down 9.3 percent from a year ago. Organic sales decreased 12.1 percent, for the quarter.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.