Rockwell Automation (ROK) Tops Q3 EPS by 24c

Rockwell Automation (NYSE: ROK) reported Q3 EPS of $2.31, $0.24 better than the analyst estimate of $2.07. Revenue for the quarter came in at $1.85 billion versus the consensus estimate of $1.78 billion.

"Rockwell delivered an outstanding quarter, with record orders and organic sales growth of 26% exceeding our expectations. These results reflect the high demand we are seeing for Rockwell\'s core automation and digital transformation solutions, which provide our customers with the resiliency, agility and sustainability they need to be successful for the long term," said Blake Moret, Chairman and CEO.

GUIDANCE:

Rockwell Automation sees FY2021 EPS of $9.10-$9.30, versus the consensus of $9.24.

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

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