Rockwell Automation (ROK) Tops Q3 EPS by 5c; Narrows Outlook

Rockwell Automation (NYSE: ROK) reported Q3 EPS of $1.59, $0.05 better than the analyst estimate of $1.54. Revenue for the quarter came in at $1.58 billion versus the consensus estimate of $1.58 billion.

Rockwell Automation narrows FY2015 EPS to $6.55-$6.70, versus the consensus of $6.63.

Commenting on the results, Keith D. Nosbusch, chairman and chief executive officer, said, “I am pleased with our performance in the quarter. We delivered another quarter of solid earnings growth, significant margin expansion, and strong free cash flow despite continued headwinds from currency and a low growth environment. Through three quarters, Adjusted EPS was up 12 percent on lower reported sales. Our results demonstrate excellent execution in these market conditions."

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

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