Rockwell Automation set to report earnings with expectations for revenue decline and missed revenue last quarter.
From Stock Story.: 2025-02-09 08:01:58
Rockwell Automation (NYSE:ROK) is set to report earnings, with analysts expecting a 7.8% revenue decline to $1.89 billion and adjusted earnings of $1.58 per share. The company missed revenue expectations last quarter, with full-year EPS guidance also falling short. Peers like AMETEK and Emerson Electric have reported mixed results, impacting the electrical equipment segment. Despite positive sentiment in the sector, Rockwell Automation’s stock is down 3% in the last month. Analysts have an average price target of $300.68 for the company. Investors are looking for potential Gorillas in enterprise software leveraging AI capabilities.
Read more at Stock Story.: What To Look For From ROK