ROK - Rockwell Automation misses Q3 top and bottom line estimates; raises FY23 outlook
2023-08-01 07:10:32 ET
- Rockwell Automation press release ( NYSE: ROK ): Q3 Non-GAAP EPS of $3.01 misses by $0.18 .
- Revenue of $2.24B (+13.7% Y/Y) misses by $100M .
- Updates fiscal 2023 reported sales growth guidance to 14.0% - 16.0% vs. estimated growth of 15.12% Y/Y; organic sales growth to 14.0% - 16.0%
- Updates fiscal 2023 diluted EPS guidance to $12.46 - $12.86; Adjusted EPS guidance to $11.70 - $12.10 vs. consensus of $12.01.
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Rockwell Automation misses Q3 top and bottom line estimates; raises FY23 outlook