Rockwell Automation Inc. (ROK) reported a profit for its first quarter that advanced from last year.
The company's profit came in at $593.3 million, or $5.06 per share. This compares with $310.7 million, or $2.66 per share, in last year's first quarter.
Excluding items, Rockwell Automation Inc. reported adjusted earnings of $278.7 million or $2.38 per share for the period.
The company's revenue for the quarter fell 6.5% to $1.57 billion from $1.68 billion last year.
Rockwell Automation Inc. earnings at a glance:
-Earnings (Q1): $278.7 Mln. vs. $251.4 Mln. last year.-EPS (Q1): $2.38 vs. $2.15 last year.-Revenue (Q1): $1.57 Bln vs. $1.68 Bln last year.
-Guidance:Full year EPS guidance: $8.70 - $9.10
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