Rockwell Automation (ROK) Lags Q1 Earnings and Revenue Estimates

Rockwell Automation (ROK) came out with quarterly earnings of $2.04 per share, missing the Zacks Consensus Estimate of $2.62 per share. This compares to earnings of $2.46 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -22.14%. A quarter ago, it was expected that this industrial equipment and software maker would post earnings of $3.49 per share when it actually produced earnings of $3.64, delivering a surprise of 4.30%.Over t ...