MILWAUKEE (AP) — MILWAUKEE (AP) — Rockwell Automation Inc. (ROK) on Thursday reported fiscal first-quarter earnings of $305 million.
On a per-share basis, the Milwaukee-based company said it had profit of $2.69. Earnings, adjusted for non-recurring costs, came to $2.75 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.54 per share.
The industrial equipment and software maker posted revenue of $2.11 billion in the period, also surpassing Street forecasts. Six analysts surveyed by Zacks expected $2.09 billion.
Rockwell Automation expects full-year earnings in the range of $11.40 to $12.20 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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