Categories Earnings, Industrials

Rockwell Automation (ROK): Q4 2019 Earnings Snapshot

— Rockwell Automation Inc. (NYSE: ROK) reported Q4 2019 earnings of $2.01 per share, vs. $1.92 expected.

— Sales remained flat at $1.73 billion, vs. $1.65 billion expected.

— Architecture & Software sales increased 0.9% to $781.2 million.

— Control Products & Solutions sales fell 0.6% to $949 million.

— FY20 reported sales are expected to grow 2-5%.

— FY20 GAAP EPS is expected to be $8.48-8.88.

— FY20 adjusted EPS is expected to be $8.70-9.10.

— ROK shares gained 2.6% immediately following the announcement.

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Also Read:  Fifth Third Bancorp (FITB) Earnings: 2Q20 Key Numbers

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