Rockwell Automation (ROK) Misses Q3 EPS by 17c; updates guidance

Rockwell Automation (NYSE: ROK) reported Q3 EPS of $3.01, $0.17 worse than the analyst estimate of $3.18. Revenue for the quarter came in at $2.24 billion versus the consensus estimate of $2.33 billion.

GUIDANCE:

Rockwell Automation sees FY2023 EPS of $11.70-$12.10, versus the consensus of $12.01. Organic sales growth is now seen at +14-16%, compared to the prior +13-17%.

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

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