Rockwell Automation: Fiscal Q1 Earnings Snapshot

Associated Press Finance
02-10

MILWAUKEE (AP) — MILWAUKEE (AP) — Rockwell Automation Inc. (ROK) on Monday reported fiscal first-quarter net income of $184 million.

The Milwaukee-based company said it had net income of $1.61 per share. Earnings, adjusted for non-recurring costs, came to $1.83 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share.

The industrial equipment and software maker posted revenue of $1.88 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $1.87 billion.

Rockwell Automation expects full-year earnings in the range of $8.60 to $9.80 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROK at https://www.zacks.com/ap/ROK

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