** Shares of automation products maker Rockwell Automation ROK.N up 7.1% at $284.05 premarket
** Co posts a higher-than-expected Q1 profit, helped by strength in its lifecycle services unit
** Reports Q1 adj profit of $1.83 per share, above analysts' average estimate of $1.59 per share, according to data compiled by LSEG
** Posts Q1 revenue of $1.88 bln, in line with estimates
** Co reaffirms its adjusted EPS forecast range of $8.60 - $9.80
** Stock falls ~8% in 2024
(Reporting by Rupali Chaudhary in Bengaluru)
((Rupali.Chaudhary@thomsonreuters.com))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.