Rockwell Automation Inc expected to post earnings of $1.59 a share - Earnings Preview

Reuters
02-07
Rockwell Automation Inc <rok.n> expected to post earnings of $1.59 a share - Earnings Preview </rok.n>
  • Rockwell Automation Inc ROK.N, ROK is expected to show a fall in quarterly revenue when it reports results on February 10 for the period ending December 31 2024

  • The Milwaukee Wisconsin-based company is expected to report a 8.4% decrease in revenue to $1.881 billion from $2.05 billion a year ago, according to the mean estimate from 18 analysts, based on LSEG data.The company's guidance on November 7 2024, for the period ended December 31, was for revenue between $1.85 billion and $1.89 billion.

  • ​LSEG's mean analyst estimate for Rockwell Automation Inc is for earnings of $1.59 per share.

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 11 "strong buy" or "buy," 15 "hold" and 3 "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Rockwell Automation Inc is $295.00​, above​ its last closing price of $268.72. ​​​

The company's guidance on November 7 2024 for the period ended December 31 was for Earnings before Interest and Taxes between USD240.8 million and USD283.95 million.

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

2.41

2.41

2.47

Beat

2.6

Jun. 30 2024

2.09

2.08

2.71

Beat

30.4

Mar. 31 2024

2.11

2.16

2.50

Beat

15.9​

Dec. 31 2023

2.63

2.64

2.04

Missed

-22.7

​​Sep. 30 2023

3.44

3.45

3.64

Beat

5.6

Jun. 30 2023

3.18

3.17

3.01

Missed

-5​

Mar. 31 2023

2.61

2.60

3.01

Beat

15.7

Dec. 31 2022

1.90

1.88

2.46

Beat

31

This summary was machine generated February 7 at 14:39 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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