Rockwell Automation Reports Third Quarter 2023 Results; Updates Fiscal 2023 Guidance

Go back to Rockwell Automation Reports Third Quarter 2023 Results; Updates Fiscal 2023 Guidance

Rockwell Automation (ROK) sales impacted by US distribution center change

August 1, 2023 11:53 AM EDT

Rockwell Automation (NYSE: ROK) tumbled Tuesday after missing its third-quarter profit and revenue expectations and cutting sales guidance.

The industrial automation business revealed earnings of $3.01 per share, $0.17 worse than the analyst estimate of $3.18, while revenue for the quarter came in at $2.24 billion, up... More