Rockwell Automation (ROK) Tops Q2 EPS by 25c; Raises Outlook

Rockwell Automation (NYSE: ROK) reported Q2 EPS of $2.41, $0.25 better than the analyst estimate of $2.16. Revenue for the quarter came in at $1.78 billion versus the consensus estimate of $1.73 billion.

"This is an exciting time at Rockwell. We had our first-ever $2 billion orders quarter, powered by growth in core automation platforms, Information Solutions & Connected Services (IS/CS), and recent acquisitions. The value of our portfolio of products and services has never been more evident, and we are well positioned to accelerate profitable growth as we help the world recover," said Blake Moret, Chairman and CEO.

GUIDANCE:

Rockwell Automation sees FY2021 EPS of $8.95-$9.35, versus the consensus of $8.95.

For earnings history and earnings-related data on Rockwell Automation (ROK) click here.

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