Rockwell Automation (ROK) Misses Q1 EPS by 60c ; Offers Guidance
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/28/2026
- Stocks fall as higher oil prices, Treasury yields weigh
- S&P 500 breadth hits lowest level since dot-com bubble, Goldman says
- Nvidia’s AI dominance funds historic $150 billion buyback
- MongoDB stock drops 15% as CEO Desai resigns for Meta
- Jefferies cuts Roblox to Underperform, says rally is too optimistic
Rockwell Automation (ROK) slumps after earnings miss and lingering supply chain constraints
January 31, 2024 1:55 PM ESTRockwell Automation (NYSE: ROK) shares plunged more than 15% Wednesday on the back of its latest quarterly results, which saw it miss top and bottom-line consensus expectations.
The company reported first-quarter earnings of $2.04 per share, $0.60 worse than the analyst estimate of $2.64. Revenue for the quarter came in at $2.05 billion, up 3.6% year-on-year but below the consensus estimate of... More
