ROK Stock Recent News

Blake Moret, Rockwell Automation chairman & CEO, joins 'Closing Bell Overtime' to talk Q1 earnings results.

Rockwell Automation missed quarterly estimates due to high channel inventory and some persistent supply chain troubles. The company is well-positioned for long-term success but could struggle in the near term if the current macro environment doesn't improve.

Rockwell Automation (ROK) reports a year-over-year decline in first-quarter fiscal 2024 earnings due to reflecting lower margins in Intelligent Devices and Software & Control segments.

Rockwell Automation, Inc. (ROK) Q1 2024 Earnings Call Transcript

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Although the revenue and EPS for Rockwell Automation (ROK) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Rockwell Automation (ROK) came out with quarterly earnings of $2.04 per share, missing the Zacks Consensus Estimate of $2.62 per share. This compares to earnings of $2.46 per share a year ago.

Manufacturing-equipment firm Rockwell's fiscal first-quarter earnings missed estimates, and trimmed guidance.

Rockwell Automation (ROK) closed the most recent trading day at $303, moving -0.41% from the previous trading session.

Get a deeper insight into the potential performance of Rockwell Automation (ROK) for the quarter ended December 2023 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.