Rockwell Automation Inc (NYSE:ROK) Margin Expands

robot
Abstract generation in progress

Rockwell Automation Inc (NYSE:ROK) saw its stock rise after reporting strong first-quarter profit and sales, driven by industrial demand and cost-saving measures that boosted margins. The company’s total segment operating earnings increased 36%, and diluted EPS grew significantly due to a higher pre-tax margin and a lower effective tax rate. Although the company narrowed its full-year profit forecast, the midpoint was slightly below Wall Street estimates, but it maintained its sales guidance.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)