Rockwell Automation Q1 Earnings Call Highlights

Rothe highlighted gross margin expansion driven by “positive price, cost, and productivity and favorable mix,” while SG&A was flat year over year. Engineering and development spending rose 10% year over year and remained about 8% of sales, which the company described as aligned with its innovation plans.Rockwell posted total company segment margin of 20.7% and adjusted EPS of $2.75, both above management’s expectations. The quarter’s margin performance was driven by higher volume, favorable mix, and product ...