Rockwell Automation (ROK) Misses Q2 EPS by 62c, Updates Guidance

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Go back to Rockwell Automation (ROK) Misses Q2 EPS by 62c, Updates Guidance

Rockwell Automation Reports Second Quarter 2022 Results; Updates Fiscal 2022 Guidance

May 3, 2022 7:00 AM EDT

Total orders up 37% year over year and up sequentially Reported sales up 1.8% year over year; organic sales up 1.3% Acquisitions contributed 2.3% to reported sales growth Total ARR up over 50%; Organic ARR up 17% Diluted EPS of $0.46 and Adjusted EPS of $1.66 Updates fiscal 2022 reported sales growth guidance to 11% - 15%; organic sales growth to 10% - 14% Updates fiscal 2022 Diluted EPS guidance to $7.60 - $8.20; Adjusted EPS guidance to $9.20 - $9.80 Board authorized additional $1.0 billion for share repurchases

MILWAUKEE--(BUSINESS WIRE)-- Rockwell Automation, Inc. (NYSE: ROK) today... More