Published on 7 May 2024 on Zacks via Yahoo Finance
Rockwell Automation Inc. ROK reported adjusted earnings per share (EPS) of $2.50 in second-quarter fiscal 2024 (ended Mar 31, 2024), surpassing the Zacks Consensus Estimate of $2.15. The bottom line declined 17% year over year, primarily attributed to lower sales volume and operating margins in the Intelligent Devices, and Software & Control segments. This was somewhat offset by the improved performance of the Lifecycle Services segment.
Including one-time items, earnings were $2.31 per share compared with $2.59 in the year-ago quarter.