While reporting financial results for the first quarter on Thursday, Rockwell Automation, Inc. (ROK) raised its earnings and adjusted earnings guidance for the full-year 2026, while maintaining annual sales growth outlook.
For fiscal 2026, the company now projects earnings of $10.75 to $11.55 per share and adjusted earnings of $11.40 to $12.20 per share. Previously, the company expected earnings of $10.40 to $11.40 per share and adjusted earnings of $11.20 to $12.20 per share.
Meanwhile, the company continues to projects sales growth of 3 to 7 percent, with organic sales growth of 2 to 6 percent.
On average, analysts polled expect the company to report earnings of $12.02 per share on revenue growth of 6.10 percent to $8.85 billion for the year. Analysts' estimates typically exclude special items.
"Customers continue to invest in automation, digital transformation, and productivity, and Rockwell is uniquely positioned to help accelerate their Factory of the Future initiatives," said Blake Moret, Chairman and CEO.
In Thursday's pre-market trading, ROK is trading on the NYSE at $401.12, up $29.14 or 6.77 percent.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.