For the quarter ended September 2024, Rockwell Automation (ROK) reported revenue of $2.04 billion, down 20.6% over the same period last year. EPS came in at $2.47, compared to $3.64 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $2.07 billion, representing a surprise of -1.46%. The company delivered an EPS surprise of +2.92%, with the consensus EPS estimate being $2.40.While investors scrutinize revenue and earnings changes year-over-year and how they compare with W ...

Rockwell Automation (ROK) came out with quarterly earnings of $2.47 per share, beating the Zacks Consensus Estimate of $2.40 per share. This compares to earnings of $3.64 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.92%. A quarter ago, it was expected that this industrial equipment and software maker would post earnings of $2.11 per share when it actually produced earnings of $2.71, delivering a surprise of 28.44%.Over th ...

Core Viewpoint - The market anticipates a year-over-year decline in earnings for Rockwell Automation due to lower revenues, with a focus on how actual results compare to estimates [1][2]. Earnings Expectations - Rockwell Automation is expected to report quarterly earnings of $2.40 per share, reflecting a year-over-year decrease of 34.1% [3]. - Revenues are projected to be $2.07 billion, down 19.4% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 1.23% lower in the last 30 days, indicating a bearish sentiment among analysts [4]. - The Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -1.13% [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with a strong predictive power for positive readings [7][8]. - Rockwell Automation currently holds a Zacks Rank of 3, making it challenging to predict an earnings beat [10]. Historical Performance - In the last reported quarter, Rockwell Automation exceeded expectations with earnings of $2.71 per share, a surprise of +28.44% compared to the expected $2.11 [11]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [12]. Conclusion - Rockwell Automation does not appear to be a compelling candidate for an earnings beat, and investors should consider other factors when making decisions regarding the stock ahead of the earnings release [15].

Honeywell logo is seen during defense industry exhibition in Kielce, Poland on September 3, 2024. ... [+] (Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Given its better valuation and prospects, we believe Honeywell stock (NYSE: HON) is a better pick than its sector peer, Rockwell Automation stock (NYSE: ROK), an industrial automation and digital transformation solutions provider, for the next three years. HON stock trades at 3.4x revenues, similar to 3.3x for ROK. While Rockw ...

Core Insights - The introduction of Logix SIS from Rockwell Automation offers a modern and integrated safety solution with SIL 2 and SIL 3 certifications for enhanced process and hybrid safety [1][2] - Logix SIS includes all components of a safety instrumented system, engineered for high availability using proven Rockwell Automation hardware [1][2] Key Features - Logix SIS provides exceptional flexibility for process and hybrid safety applications while utilizing proven hardware to achieve the highest safety levels [2] - The system ensures high availability safety, delivering continuous operation for critical processes [2] - Implementation is streamlined by leveraging familiar hardware and software, reducing engineering time and maximizing efficiency through simplified design and configuration [2] - The system can be upgraded without requiring planned downtime, enhancing operational efficiency [2] Availability - Logix SIS will be available for order in September 2024, with an exclusive demonstration at Automation Fair® 2024 in Anaheim, California [3] Company Overview - Rockwell Automation, Inc. is a global leader in industrial automation and digital transformation, employing approximately 29,000 problem solvers in over 100 countries [4]

Rockwell Automation Inc. (ROK) announced that its board of directors authorized an additional $1 billion in repurchases of its common stock. This move reinforces the company's dedication to delivering value to its shareholders. Rockwell Automation's Focus on Capital Allocation Bodes Well On May 2, 2022, the company authorized the repurchase of $1 billion in common shares. As of Sept. 5, 2024, there was roughly $353 million remaining. Over the last five years, Rockwell Automation returned $4.7 billion to sha ...

It has been about a month since the last earnings report for Rockwell Automation (ROK) . Shares have lost about 0.9% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Rockwell Automation due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Rockwell Automation Q3 Earning ...

Have you evaluated the performance of Rockwell Automation's (ROK) international operations for the quarter ending June 2024? Given the extensive global presence of this industrial equipment and software maker, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth. The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path ...

Rockwell Automation Inc. (ROK) reported adjusted earnings per share (EPS) of $2.71 in third-quarter fiscal 2024 (ended Jun 30, 2024), which surpassed the Zacks Consensus Estimate of $2.11. The bottom line declined 10% year over year, primarily attributed to lower sales volume in the Intelligent Devices, and Software & Control segments, which was offset by the improved performance of the Lifecycle Services segment. Including one-time items, earnings were $2.71 per share compared with $3.01 in the year-ago qu ...

Rockwell Automation (ROK) reported $2.05 billion in revenue for the quarter ended June 2024, representing a year-over-year decline of 8.4%. EPS of $2.71 for the same period compares to $3.01 a year ago. The reported revenue represents a surprise of +1.73% over the Zacks Consensus Estimate of $2.02 billion. With the consensus EPS estimate being $2.11, the EPS surprise was +28.44%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to dete ...