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Stock impact report

Rockwell Automation Reports Second Quarter 2024 Results; Updates Fiscal 2024 Guidance [Yahoo! Finance]

Rockwell Automation, Inc. (ROK) 
Last rockwell automation, inc. earnings: 4/28 07:02 am Check Earnings Report
Company Research Source: Yahoo! Finance
Total ARR up 20% year over year Diluted EPS of $2.31 and adjusted EPS of $2.50; down (11)% and (17)% year over year, respectively Updates fiscal 2024 reported sales growth guidance to (6.0)% - (4.0)%; organic sales growth to (8.0)% - (6.0)% Updates fiscal 2024 diluted EPS guidance to $8.80 - $9.80; adjusted EPS guidance to $10.00 - $11.00 Announces upcoming retirement of Nicholas Gangestad, Senior Vice President and Chief Financial Officer MILWAUKEE, May 07, 2024 BUSINESS WIRE )--Rockwell Automation, Inc. (NYSE: ROK) today reported second quarter fiscal 2024 results. "Execution in the second quarter was solid, and we continue to see sequential order improvement. However, there is more excess inventory at our customers, particularly machine builders, than we originally expected. As a result, we are not yet seeing the accelerated order ramp this fiscal year and are reducing our full-year guidance. Despite the lower FY24 outlook, we are gaining share across many of our most Show less Read more
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