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Rockwell Automation Slashes FY24 Outlook - Update

RTTNews | 449 gün önce

Rockwell Automation Slashes FY24 Outlook - Update

(RTTNews) - While reporting financial results for the third quarter on Wednesday, Rockwell Automation, Inc. (ROK) slashed its earnings, adjusted earnings and revenue growth guidance for the full-year 2024.

For fiscal 2024, the company now projects earnings of about $8.32 per share and adjusted earnings of about $9.60 per share on revenue decline of about 8.5 percent, with organic sales decline of about 10.0 percent.

Previously, the company expected earnings in a range of $8.80 to $9.80 per share and adjusted earnings in a range of $10.00 to $11.00 per share on revenue decline of 6.0 to 4.0 percent, with organic sales decline of 8.0 to 0.6 percent.

On average, 25 analysts polled by Thomson Reuters expect the company to report earnings of $10.11 per share on revenue decline of 5.2 percent to $8.59 billion for the year. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Etiketler: ROK

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Rockwell Automation To Acquire Verve Industrial Protection For Undisclosed Terms

Rockwell Automation To Acquire Verve Industrial Protection For Undisclosed Terms

Rockwell Automation, Inc. (ROK) announced Friday it has signed a definitive agreement to acquire Verve Industrial Protection, a cybersecurity software and services company. The financial terms of the deal were not disclosed.

RTTNews | 737 gün önce

Rockwell Automation To Acquire CUBIC For Undisclosed Terms

Rockwell Automation To Acquire CUBIC For Undisclosed Terms

Industrial automation firm Rockwell Automation, Inc. (ROK) announced Monday that it has signed a definitive agreement to acquire CUBIC, a company that specializes in modular systems for the construction of electrical panels.

RTTNews | 1123 gün önce

Yen Falls After BoJ Rate Decision

Yen Falls After BoJ Rate Decision

The Japanese yen weakened against other major currencies in the Asian session on Thursday, after the Bank of Japan left its interest rate unchanged, and kept its real growth and inflation outlook more or less unchanged.

RTTNews | 58 dakika önce

French GDP Growth Accelerates Unexpectedly

French GDP Growth Accelerates Unexpectedly

France's economic growth accelerated in the third quarter despite political uncertainty and trade tensions, official data revealed on Thursday. Gross domestic product registered a quarterly growth of 0.5 percent, following a 0.3 percent rise in the second quarter, the statistical office INSEE reported. The growth was expected to ease to 0.2 percent.

RTTNews | 1s 14 dakika önce

Bank Of Japan Keeps Key Rate On Hold

Bank Of Japan Keeps Key Rate On Hold

The Bank of Japan left its interest rate unchanged even as inflation continued to remain above 2 percent, and also left its real growth and inflation outlook more or less unchanged. The policy board of the Bank of Japan decided, by a 7-2 majority vote, to hold the uncollateralized overnight call rate at around 0.5 percent.

RTTNews | 2s 19 dakika önce

European Shares Seen Mixed As Trump Lowers China Tariffs

European Shares Seen Mixed As Trump Lowers China Tariffs

European stocks are seen opening on a mixed note Thursday as investors react to Federal Reserve Chair Jerome Powell's hawkish remarks as well as a batch of mixed big tech earnings.

RTTNews | 2s 56 dakika önce

Sensex, Nifty Drift Lower In Cautious Trade

Sensex, Nifty Drift Lower In Cautious Trade

Indian shares traded lower on Thursday as investors reacted to hawkish remarks from Fed Chair Jerome Powell and a mixed bag of U.S. tech earnings.

RTTNews | 4s 2 dakika önce

Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.

RTTNews | 4s 29 dakika önce

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