Rockwell Automation Reports Second Quarter 2019 Results
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Rockwell Automation (ROK) PT Raised to $172 at Credit Suisse
April 26, 2019 7:16 AM EDTCredit Suisse analyst John Walsh raised the price target on Rockwell Automation (NYSE: ROK) to $172.00 (from $166.00) while maintaining a Underperform rating. Walsh still sees absolute downside to the current price, but risk/ reward is becoming more balanced given Credit Suisse's view for an H2... More
Rockwell Automation (ROK) Misses Q2 EPS by 4c, Revenues Miss; FY19 EPS Mid-Point Guidance Below Consensus
April 25, 2019 7:06 AM EDTRockwell Automation (NYSE: ROK) reported Q2 EPS of $2.04, $0.04 worse than the analyst estimate of $2.08. Revenue for the quarter came in at $1.66 billion versus the consensus estimate of $1.71 billion.
Reported sales up 0.4 percent year over year; organic sales up 3.6 percentDiluted EPS of $2.88; Adjusted EPS of $2.04Updating fiscal 2019 Diluted EPS guidance: $8.15 - $8.45Updating fiscal 2019 Adjusted EPS guidance: $8.85 - $9.15Commenting on the second quarter results,... More
