Rockwell Automation, Inc. (ROK) reported first quarter net income of $76.6 million or $0.53 per share, compared to $118.4 million or $0.83 per share last year.
Income per share from continuing operations was $0.54, compared to $0.81 in the same quarter a year earlier.
On average, 11 analysts polled by Thomson Reuters expected the company to report earnings of $0.36 per share. Analysts' estimates typically exclude special items.
Total sales declined to $1.07 billion from $1.19 billion in the prior year quarter.
Seven analysts estimated revenues of $1.05 billion.
The company is revising its full year fiscal 2010 earnings per share guidance to $2.00 to $2.40 on a revenue range of $4.4 billion to $4.6 billion. Earlier, the company expected earnings per share in the range of $1.25-$1.75 and revenue of $4.1 billion -$4.4 billion for fiscal 2010.
Analysts expect the company to earn $1.74 per share, on revenues of $4.34 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.