Rockwell Automation (ROK) Beats Q1 Earnings and Revenue Estimates

Core Viewpoint - Rockwell Automation reported quarterly earnings of $1.83 per share, exceeding the Zacks Consensus Estimate of $1.61 per share, but down from $2.04 per share a year ago, indicating a 10.3% year-over-year decline in earnings [1][2] Financial Performance - The company achieved revenues of $1.88 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.44%, but down from $2.05 billion in the same quarter last year, reflecting an 8.3% decrease [2] - Over the last four quarters, Rockwell Automation has exceeded consensus EPS estimates four times and topped revenue estimates three times [2] Stock Performance - Rockwell Automation shares have declined approximately 6.1% since the beginning of the year, contrasting with the S&P 500's gain of 2.5% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.11 on revenues of $2 billion, and for the current fiscal year, it is $9.32 on revenues of $8.12 billion [7] - The trend of estimate revisions for Rockwell Automation is mixed, which could change following the recent earnings report [6] Industry Context - The Electronics - Miscellaneous Products industry, to which Rockwell Automation belongs, is currently ranked in the bottom 47% of over 250 Zacks industries, suggesting potential challenges ahead [8]