Rockwell Automation: Fiscal Q4 Earnings Snapshot

MILWAUKEE (AP) — MILWAUKEE (AP) — Rockwell Automation Inc. (ROK) on Thursday reported fiscal fourth-quarter earnings of $346 million.

The Milwaukee-based company said it had net income of $3.11 per share. Earnings, adjusted for one-time gains and costs, were $3.88 per share.

The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $3.72 per share.

The industrial equipment and software maker posted revenue of $2.33 billion in the period, which missed Street forecasts. Seven analysts surveyed by Zacks expected $2.39 billion.

For the year, the company reported profit of $1.41 billion, or $12.54 per share. Revenue was reported as $8.99 billion.

Rockwell Automation expects full-year earnings in the range of $14.50 to $15.50 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ROK at https://www.zacks.com/ap/ROK