Rockwell Automation, Inc. (NYSE:ROK) industrial automation solutions giant, is reporting fourth quarter earnings results on Tuesday 10th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 1.76 per share.
For the full year, analysts predict revenues of $ 6346.29 million, while looking forward to income of $ 7.57 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 6,327.00 million ~ $ 6,327.00 million, where as bottomline are predicted in a range of $ 7.40 ~ $ 7.60 per share
Click Here For More Historical Outlooks Of Rockwell Automation, Inc.
Previous Quarter Performance
Rockwell Automation, Inc. came out with income for the third quarter of $ 1.27 per share, from the revenue of $ 1,394.00 million. The quarterly earnings contracted 47.08 percent while revenues shrunk 16.28 percent compared with the same quarter last year.
The consensus estimates are income of $ 1.15 per share from $ 1377.98 million in revenue. The bottom line results beat street analysts by $ 0.12 or 10.43 percent, at the same time, top line results outshined analysts by $ 16.02 million or 1.16 percent.
Stock Performance
Shares of Rockwell Automation, Inc. traded up $ 5.30 or 2.12 percent on Monday, reaching $ 254.74 with volume of 919.80 thousand shares. Rockwell Automation, Inc. has traded high as $ 267.48 and has cracked $ 254.21 on the downward trend
According to the previous trading day, closing price of $ 254.74, representing a 116.19 % increase from the 52 week low of $ 115.38 and a 6.74 % decrease over the 52 week high of $ 267.48.
The company has a market capital of $ 29.54 billion and is part of the Industrials sector and Diversified Industrials industry.
Recent Analyst recommendations
- On 13th October 2020, maintained by Morgan Stanley at Equal-Weight rating, with $ 226.00 target price.
- On 24th September 2020, upgraded by Daiwa Capital Markets to Outperform from Neutral rating.
Rockwell Automation, Inc. provides industrial automation and information solutions worldwide. It operates in two segments, Architecture & Software; and Control Products & Solutions.
