Rockwell Automation (ROK) Scheduled to Post Quarterly Earnings on Tuesday
Rockwell Automation (NYSE:ROK) is scheduled to be announcing its earnings results before the market opens on Tuesday, January 23rd. Rockwell Automation has set its FY18 guidance at $7.20-7.50 EPS.
Rockwell Automation (NYSE:ROK) last released its quarterly earnings results on Wednesday, November 8th. The industrial products company reported $1.69 EPS for the quarter, missing the Zacks’ consensus estimate of $1.72 by ($0.03). The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.67 billion. Rockwell Automation had a return on equity of 38.67% and a net margin of 13.08%. The firm’s revenue was up 8.4% on a year-over-year basis. During the same quarter last year, the company earned $1.52 earnings per share. On average, analysts expect Rockwell Automation to post $7 EPS for the current fiscal year and $8 EPS for the next fiscal year.
Shares of Rockwell Automation (NYSE ROK) opened at $207.92 on Tuesday. The company has a market capitalization of $26,720.00, a P/E ratio of 32.74, a P/E/G ratio of 2.33 and a beta of 1.23. Rockwell Automation has a 12-month low of $139.38 and a 12-month high of $210.72. The company has a current ratio of 2.06, a quick ratio of 1.80 and a debt-to-equity ratio of 0.47.
In other news, CEO Blake D. Moret sold 5,309 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $190.75, for a total value of $1,012,691.75. Following the transaction, the chief executive officer now owns 30,720 shares of the company’s stock, valued at approximately $5,859,840. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Patrick P. Goris sold 145 shares of the stock in a transaction on Friday, December 8th. The shares were sold at an average price of $192.36, for a total value of $27,892.20. The disclosure for this sale can be found here. In the last three months, insiders sold 10,770 shares of company stock worth $2,054,871. 1.28% of the stock is currently owned by company insiders.
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Rockwell Automation Company Profile
Rockwell Automation, Inc (Rockwell Automation) is a provider of industrial automation power, control and information solutions for manufacturers. The Company operates through two segments: Architecture & Software and Control Products & Solutions. The Architecture & Software segment contains various hardware, software and communication components of the Company’s integrated control and information architecture capable of controlling the customer’s industrial processes and connecting with their manufacturing enterprise.
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