Rockwell Automation, Inc. (NYSE:ROK) is reporting third quarter financial results on Tuesday 28th July 2020, before market open.
According to analysts surveyed by Thomson Reuters, ROK is expected to report 3Q20 income of $ 1.15 per share from revenue of $ 1377.98 million.
For the full year, analysts anticipate top line of $ 6298.77 million, while looking forward to income of $ 7.34 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 6,260.00 million ~ $ 6,494.00 million, where as bottomline are predicted in a range of $ 6.90 ~ $ 7.70 per share
Click Here For More Historical Outlooks Of Rockwell Automation, Inc.
Previous Quarter Performance
Rockwell Automation, Inc. unwinded income for the second quarter of $ 2.43 per share, from the revenue of $ 1,681.00 million. The quarterly earnings raised 19.12 percent while revenues contracted 1.37 percent compared with the same quarter last year.
Street analysts expected Rockwell Automation, Inc. to report income of $ 1.82 per share on revenue of $ 1625.42 million for the second quarter. The bottom line results beat street analysts by $ 0.61 or 33.52 percent, at the same time, top line results outshined analysts by $ 55.58 million or 3.42 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of ROK was $ 229.00, representing a 98.47 % increase from the 52 week low of $ 115.38 and a 0.84 % decrease over the 52 week high of $ 230.93.
The company has a market capital of $ 26.52 billion and is part of the Industrials sector and Diversified Industrials industry.
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Recent Analyst recommendations
- On 30th June 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 220.00 target price.
Recent Stock Dividend Announcement
On June 3, 2020, the board of directors authorized quarterly dividend of $ 1.02 per share to holders of record as of the close of business on August 17, 2020, with payment date of September 10, 2020 and ex-dividend date on August 14, 2020.
Conference Call
Rockwell Automation, Inc. will be hosting a conference call at 8:30 AM eastern time on 28th July 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.rockwellautomation.com
Rockwell Automation, Inc. provides industrial automation and information solutions worldwide. It operates in two segments, Architecture & Software; and Control Products & Solutions.
