Earnings Preview: Rockwell Automation (ROK) Q4 Earnings Expected to Decline

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$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$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].