Rockwell Automation (ROK) Tops Q1 EPS by 1c, Revenues Beat; Provides FY20 EPS Outlook

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Rockwell Automation Reports First Quarter 2020 Results

January 29, 2020 7:01 AM EST

Reported sales up 2.6 percent year over year; organic sales down 1.0 percent Inorganic investments contributed 4.5 percent to reported sales growth Diluted EPS of $2.66; Adjusted EPS of $2.11 Updates fiscal 2020 Diluted EPS guidance from $8.48 - $8.88 to $9.09 - $9.49 Reaffirms fiscal 2020 Adjusted EPS guidance: $8.70 - $9.10

MILWAUKEE--(BUSINESS WIRE)-- Rockwell Automation, Inc. (NYSE: ROK) today reported fiscal 2020 first quarter results.

"Despite a difficult macro environment for manufacturers, first quarter sales and Adjusted EPS were slightly better than we expected. We saw growth in Automotive and Semiconductor as... More