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Rockwell Automation Inc. (ROK) released earnings for its fourth quarter that climbed from the same period last year.


RTTNews | Nov 10, 2020 07:06AM EST

07:06 Tuesday, November 10, 2020 (RTTNews.com) - Rockwell Automation Inc. (ROK) released earnings for its fourth quarter that climbed from the same period last year.

The company's profit totaled $262.7 million, or $2.25 per share. This compares with $8.1 million, or $0.07 per share, in last year's fourth quarter.

Excluding items, Rockwell Automation Inc. reported adjusted earnings of $219.1 million or $1.87 per share for the period.

Analysts had expected the company to earn $1.76 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 9.2% to $1.57 billion from $1.73 billion last year.

Rockwell Automation Inc. earnings at a glance:

-Earnings (Q4): $219.1 Mln. vs. $235.9 Mln. last year.-EPS (Q4): $1.87 vs. $2.01 last year.-Analysts Estimate: $1.76-Revenue (Q4): $1.57 Bln vs. $1.73 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3144761/rockwell-automation-inc-q4-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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