Rockwell Automation(ROK)
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Rockwell Automation(ROK) - 2024 Q2 - Quarterly Report
2024-05-07 17:13
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _________________________________________ FORM 10-Q _________________________________________ (Mark One) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☒ 1934 For the Quarterly Period Ended March 31, 2024 OR TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF ☐ 1934 For the Transition Period from _______ to _______ Commission file number 1-12383 ________________________ ...
Rockwell Automation(ROK) - 2024 Q2 - Earnings Call Transcript
2024-05-07 16:28
Blake Moret Julian Mitchell And your own inventories on your balance sheet have been stuck at sort of the same dollar number for a year now. How are you so sure that your customers' inventories are coming down when your own are very stable? Yes. So as of the end of second quarter, Julian, our product backlog is essentially back to normal. We've had good success working through with our supply chain and we've brought our backlog back to normal. So going forward, we expect to be operating what we were like pr ...
Rockwell Automation (ROK) Reports Q2 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-07 14:36
Rockwell Automation (ROK) reported $2.13 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 6.6%. EPS of $2.50 for the same period compares to $3.01 a year ago.The reported revenue represents a surprise of +4.22% over the Zacks Consensus Estimate of $2.04 billion. With the consensus EPS estimate being $2.15, the EPS surprise was +16.28%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall S ...
Rockwell Automation (ROK) Q2 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-05-07 13:11
Rockwell Automation (ROK) came out with quarterly earnings of $2.50 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to earnings of $3.01 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.28%. A quarter ago, it was expected that this industrial equipment and software maker would post earnings of $2.62 per share when it actually produced earnings of $2.04, delivering a surprise of -22.14%.Over ...
Rockwell Automation(ROK) - 2024 Q2 - Quarterly Results
2024-05-07 11:07
Exhibit 99 1201 S. Second Street Milwaukee, WI 53204 USA News Release Contact Ed Moreland Aijana Zellner Media Relations Investor Relations Rockwell Automation Rockwell Automation 571.296.0391 414.382.8510 Rockwell Automation Reports Second Quarter 2024 Results; Updates Fiscal 2024 Guidance • Reported sales down 6.6% year over year; organic sales down 8.1% year over year • Acquisitions contributed 1.4% to growth • Total ARR up 20% year over year • Diluted EPS of $2.31 and adjusted EPS of $2.50; down (11)% a ...
Fiix by Rockwell Automation Announces Industry-Leading GenAI Prescriptive Work Orders
Prnewswire· 2024-05-02 08:15
Included in Fiix Asset Risk Predictor, Fiix Prescriptive Maintenance transforms asset health predictions into actionable work orders BRUSSELS, May 2, 2024 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, is excited to add cutting-edge, generative artificial intelligence (GenAI) prescriptive work orders to Fiix Asset Risk Predictor software, creating the first complete predictive and prescriptive maintenance solu ...
Rockwell Automation (ROK) to Post Q2 Earnings: What's in Store?
Zacks Investment Research· 2024-04-22 16:31
Rockwell Automation Inc. (ROK) is expected to report a decline in both revenues and earnings when it reports second-quarter fiscal 2024 results later this month.The Zacks Consensus Estimate for ROK’s fiscal second-quarter revenues is pegged at $2.09 billion, indicating a 8.4% decline from the year-ago quarter’s actual. The same for earnings is pinned at $2.15 per share, suggesting a 28.6% plunge from the year-ago quarter’s reported figure.Q1 PerformanceIn the last reported quarter, the company reported lowe ...
Rockwell Automation (ROK) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates
Zacks Investment Research· 2024-04-22 14:22
Wall Street analysts forecast that Rockwell Automation (ROK) will report quarterly earnings of $2.15 per share in its upcoming release, pointing to a year-over-year decline of 28.6%. It is anticipated that revenues will amount to $2.09 billion, exhibiting a decline of 8.4% compared to the year-ago quarter.Over the last 30 days, there has been a downward revision of 3.3% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsiderati ...
Rockwell Automation Launches New Centralized Motor Control Solutions at Hannover Messe 2024
Prnewswire· 2024-04-22 07:00
New FLEXLINE 3500 motor control centers deliver real-time data that helps manufacturers increase productivity and save energyDUSSELDORF, Germany, April 22, 2024 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, launched the FLEXLINE™ 3500, a new low voltage motor control center (MCC) for IEC markets globally, which can be seen at the Hannover Messe 2024 trade fair in Germany today. Rockwell Automation has laun ...
Rockwell Automation and its PartnerNetwork™ Ecosystem Present Artificial Intelligence, Autonomous Operations, 5G and Cybersecurity in Driving Digital Transformation at Hannover Messe 2024
Prnewswire· 2024-04-18 05:00
In collaboration with partners including Cisco, Ericsson, Microsoft, ODVA, the OPC Foundation and NVIDIA, Rockwell will showcase the latest technologies shaping the future of industrial operations DUSSELDORF, Germany, April 18, 2024 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, will showcase its innovative, industry-leading technology and services with its partners, including Microsoft and Cisco, at the Hanno ...