(Adds Outlook)
Rockwell Automation, Inc. (ROK) has shared its financial forecast for fiscal 2025, anticipating an earnings per share (EPS) range of $7.65 to $8.85, with adjusted EPS projected between $8.60 and $9.80. The company estimates sales could either decline by 4% or increase by 2% on an organic basis.
Fourth Quarter Results:
The company reported earnings of $239.1 million, translating to $2.09 per share. This marks a decrease from the prior year's fourth quarter earnings of $302.9 million, or $2.61 per share. Excluding certain items, Rockwell Automation Inc. revealed adjusted earnings of $2.47 per share for this period. This slightly surpassed the average analyst expectation of $2.41 per share, based on data from Thomson Reuters. It is customary for analysts’ estimates to exclude special items. Revenue for the quarter experienced a significant decline of 20.6%, dropping to $2.035 billion from $2.562 billion the previous year, with organic sales decreasing by 21%.
