Wall Street's Insights Into Key Metrics Ahead of Rockwell Automation (ROK) Q2 Earnings

Core Viewpoint - Wall Street analysts predict that Rockwell Automation (ROK) will report a quarterly earnings per share (EPS) of $2.09, reflecting a year-over-year decline of 16.4%, with revenues expected to be $1.96 billion, down 7.6% from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised 0.5% lower in the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings estimates are crucial for predicting investor reactions, as empirical research shows a strong correlation between earnings estimate revisions and short-term stock performance [3]. Revenue and Sales Projections - Analysts estimate 'Sales- Intelligent Devices' to be $849.78 million, a decrease of 12.7% year-over-year [5]. - The consensus for 'Sales- Lifecycle Services' is $573.37 million, reflecting a decline of 1.6% from the previous year [5]. - 'Sales- Software & Control' is projected to reach $537.17 million, indicating a year-over-year change of -5.8% [5]. Operating Earnings Estimates - 'Operating earnings- Intelligent Devices' are expected to be $134.45 million, down from $161 million reported in the same quarter last year [6]. - 'Operating earnings- Lifecycle Services' are forecasted at $83.93 million, compared to $96.90 million in the same quarter of the previous year [6]. - 'Operating earnings- Software & Control' are anticipated to be $134.75 million, down from $146.30 million reported last year [7]. Stock Performance - Over the past month, Rockwell Automation shares have increased by 4.2%, contrasting with a -0.5% change in the Zacks S&P 500 composite [8]. - Based on its Zacks Rank 3 (Hold), ROK is expected to perform in line with the overall market in the near future [8].