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Rockwell Automation (ROK) reports a year-over-year decline in second-quarter fiscal 2024 earnings, reflecting lower volumes and margins in the Intelligent Devices, and Software & Control segments.
While the top- and bottom-line numbers for Rockwell Automation (ROK) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Rockwell Automation (ROK) came out with quarterly earnings of $2.50 per share, beating the Zacks Consensus Estimate of $2.15 per share. This compares to earnings of $3.01 per share a year ago.
Rockwell Automation's (ROK) second-quarter fiscal 2024 performance is likely to reflect the impact of the ongoing supply-chain issues and elevated costs.
Get a deeper insight into the potential performance of Rockwell Automation (ROK) for the quarter ended March 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
The latest trading day saw Rockwell Automation (ROK) settling at $280.23, representing a -1.11% change from its previous close.
The robotics industry is seeing tremendous growth driven by rapid technological advancements and increasing demand across multiple sectors. Companies at the forefront are those with innovative and disruptive technologies that can create more capable, intelligent and cost-effective robot systems.
The latest trading day saw Rockwell Automation (ROK) settling at $286.38, representing a -1.28% change from its previous close.
Blake Moret, Rockwell Automation CEO, joins 'Closing Bell Overtime' to talk its relationship with Nvidia and what's ahead for the company.
Orders and revenue growth will be lower than expected in the second quarter in the company's digital industries segment, primarily due to weakness in China. The company's full-year guidance could be under threat.