MILWAUKEE (AP) — MILWAUKEE (AP) — Rockwell Automation Inc. (ROK) on Thursday reported fiscal fourth-quarter profit of $239.1 million.
The Milwaukee-based company said it had net income of $2.09 per share. Earnings, adjusted for non-recurring costs, came to $2.47 per share.
The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.40 per share.
The industrial equipment and software maker posted revenue of $2.04 billion in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $2.07 billion.
For the year, the company reported profit of $952.5 million, or $8.28 per share. Revenue was reported as $8.26 billion.
Rockwell Automation expects full-year earnings in the range of $8.60 to $9.80 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
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