Rockwell Automation (ROK) PT Raised to $167 at Stifel Following 2Q

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Go back to Rockwell Automation (ROK) PT Raised to $167 at Stifel Following 2Q

Rockwell Automation Reports Second Quarter 2017 Results

April 26, 2017 7:00 AM EDT

Reported sales up 7.9 percent; organic sales up 6.8 percent year over year Diluted EPS of $1.45; Adjusted EPS of $1.55 Increasing fiscal 2017 EPS guidance: Diluted EPS $6.06 - $6.36; Adjusted EPS $6.45 - $6.75

MILWAUKEE--(BUSINESS WIRE)-- Rockwell Automation, Inc. (NYSE: ROK) today reported fiscal 2017 second quarter sales of $1,554.3 million, up 7.9 percent from $1,440.3 million in the second quarter of fiscal 2016. Organic sales grew 6.8 percent. Currency translation reduced sales by 0.6 percentage points, and acquisitions contributed 1.7 percentage points to sales growth.

Fiscal 2017 second quarter net income was $189.5 million... More