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 ...

Rockwell Automation (ROK) came out with quarterly earnings of $2.71 per share, beating the Zacks Consensus Estimate of $2.11 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 28.44%. A quarter ago, it was expected that this industrial equipment and software maker would post earnings of $2.15 per share when it actually produced earnings of $2.50, delivering a surprise of 16.28%. Over ...

In its upcoming report, Rockwell Automation (ROK) is predicted by Wall Street analysts to post quarterly earnings of $2.11 per share, reflecting a decline of 29.9% compared to the same period last year. Revenues are forecasted to be $2.02 billion, representing a year-over-year decrease of 10%. The consensus EPS estimate for the quarter has undergone a downward revision of 1.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their ...

Chief Information Security Officers (CISOs) and security specialists examine the short-, medium- and long-term cybersecurity landscape The 11-video season comprises interviews with IT/OT thought leaders and chief information and security officers (CISO) from critical-infrastructure companies, supported by senior specialists and industry advocates from Rockwell Automation. Covering evolving cyber threats and the challenges of addressing stringent legislation, including NIS2, the series also uncovers the vari ...

Leading Italian machine builder IMA Automation is seeing significant simplification and speed benefits in the design and evolution of automotive application solutions IMA Automation, a division of IMA Group, has successfully demonstrated the capabilities of the RapidLaunch platform in the design, virtual test, and build of a prototype box cell developed for the assembly of electrical vehicle e-motors. The Italian machine builder is now looking to deploy it for future technologies it is developing for the as ...

Rockwell Automation Inc. (ROK) announced that it is expanding its collaborations with NVIDIA (NVDA) to accelerate the development of safer and smarter industrial AI mobile robots in manufacturing. This move will help customers improve performance and efficiency. Previously, in March 2024, the companies collaborated to accelerate a next-generation industrial architecture. ROK intends to transform the industry by designing the factory of the future, making it easier for automation customers to digitize indust ...

OTTO Motors by Rockwell Automation will create next-generation autonomous mobile robots enhanced with NVIDIA technologies BRUSSELS, June 3, 2024 /PRNewswire/ -- Rockwell Automation, Inc., the world's largest company dedicated to industrial automation and digital transformation, today announces further collaborations with NVIDIA to supercharge the development of safer and smarter industrial AI mobile robots. Earlier this year, Rockwell announced its ongoing work with NVIDIA to increase the scale and scope of ...

Core Insights - Warmflow, a family-owned home heating technology company, is set to become the first in Ireland to implement Rockwell Automation's Plex ERP, QMS, and MES solutions, aiming to enhance digital capabilities and empower employees [1][2]. Company Overview - Established in 1970, Warmflow is dedicated to digital innovation and aims to optimize operations and enhance efficiency through the adoption of the Plex Smart Manufacturing Platform [2]. - The Plex solution will consolidate multiple systems into a single cloud-based platform, improving manufacturing execution, enterprise resource planning, and quality management [2]. Project Outcomes - The implementation is expected to lead to significant reductions in capital investment in stock and improved production planning through real-time insight-driven forecasting [3]. - A value engineering assessment report indicated substantial savings and a rapid return on investment by addressing scheduling and stockholding challenges [5]. Collaboration and Implementation - The project was developed in collaboration with ControlSoft Automation Systems, a gold-level system integrator within the Rockwell Automation PartnerNetwork, which specializes in providing turnkey solutions for various industries [4]. - The cloud-based architecture of the Plex solution is designed to be scalable and quick to implement, making it suitable for mid-size companies [4]. Future Prospects - Warmflow's manufacturing director emphasized the importance of selecting the right partner for their ERP, QMS, and MES needs as they look to advance their operations and focus on R&D for sustainable technologies [6]. - The integration of all digital solutions will be supported by a unified LifecycleIQ Services contract, providing a single point of contact for support [6].

Partnership to help UK manufacturing startup begin production of customized EV batteries for smaller and mid-sized automotive OEMs BRUSSELS, May 21, 2024 /PRNewswire/ -- Rockwell Automation, Inc. (NYSE: ROK), the world's largest company dedicated to industrial automation and digital transformation, today announced a new multi-year, global partnership with IONETIC, a UK startup dedicated to making EV batteries affordable for small- to medium-sized automakers. About Rockwell Automation Rockwell Automation, In ...

Have you assessed how the international operations of Rockwell Automation (ROK) performed in the quarter ended March 2024? For this industrial equipment and software maker, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.In the current global economy, which is more interconnected than ever, a company's success in penetrating international markets is crucial for its financial health and growth jour ...