Rockwell Automation: Fiscal Q4 Earnings Snapshot
MILWAUKEE (AP) — MILWAUKEE (AP) — Rockwell Automation Inc. (ROK) on Thursday reported fiscal fourth-quarter net income of $302.9 million.
On a per-share basis, the Milwaukee-based company said it had net income of $2.61. Earnings, adjusted for non-recurring costs, were $3.64 per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $3.49 per share.
The industrial equipment and software maker posted revenue of $2.56 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $2.44 billion.
For the year, the company reported profit of $1.39 billion, or $11.95 per share. Revenue was reported as $9.06 billion.
Rockwell Automation expects full-year earnings in the range of $12 to $13.50 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