Rockwell Automation Reports Fourth Quarter and Full Year 2018 Results

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Rockwell Automation (ROK) PT Raised to $173 at Credit Suisse

November 8, 2018 7:54 AM EST

Credit Suisse analyst John Walsh raised the price target on Rockwell Automation (NYSE: ROK) to $173.00 (from $171.00) while maintaining a Underperform rating.

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Rockwell Automation (ROK) Tops Q4 EPS by 9c, Revenues Miss; Provides FY19 EPS Outlook

November 7, 2018 7:02 AM EST

Rockwell Automation (NYSE: ROK) reported Q4 EPS of $2.11, $0.09 better than the analyst estimate of $2.02. Revenue for the quarter came in at $1.73 billion versus the consensus estimate of $1.77 billion.

Fourth quarter reported sales up 3.7 percent year over year; organic sales up 7.3 percentFourth quarter diluted EPS of $2.80; Adjusted EPS of $2.11Full year diluted EPS of $4.21; Adjusted EPS of $8.11Reported results include adjustments related to the PTC investment and the Tax Cuts and Jobs Act of 2017 (the "Tax Act")Fiscal 2019 EPS guidance: Diluted EPS $8.92 - $9.32; Adjusted... More