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UPDATE: Rockwell Automation Inc. (ROK) Tops Q4 EPS by 4c; Guides In-Line

November 12, 2014 7:09 AM
(Updated - November 12, 2014 7:58 AM EST)

(consensus changed to reflect FY2015) Rockwell Automation Inc. (NYSE: ROK) reported Q4 EPS of $1.86, $0.04 better than the analyst estimate of $1.82. Revenue for the quarter came in at $1.78 billion versus the consensus estimate of $1.8 billion.

Rockwell Automation Inc. sees FY2015 EPS of $6.55-$6.95, versus the consensus of $6.81.

Commenting on the results, Keith D. Nosbusch, chairman and chief executive officer, said, "Results in the quarter were about as we expected with strong earnings on solid sales growth. Adjusted EPS grew an impressive 15 percent on 4.4 percent organic sales growth.

“For the full year we again achieved record sales and earnings per share. The U.S. led our sales performance with 7 percent organic growth, while segment operating margin increased almost a point for the second year in a row.

“We continued our strong track record of returning cash to shareowners in fiscal 2014 with over $800 million in dividends and share repurchases. That represents 87 percent of free cash flow for the year. During the year we authorized an additional $1 billion in share repurchases, and we have more than doubled the dividend over the last five years.

"These results would not be possible without the efforts of our employees, partners, and suppliers, and I want to thank them all for their ongoing commitment to our customers and their contributions to our success.”

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

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