ADVFN - Advanced Financial Network.
HOME» NYSE » R » ROK Stock Price » ROK Stock News

Rockwell Automation Share News

 Rockwell Automation, Inc. Stock Price
ROK Stock Price
 Rockwell Automation, Inc. Stock Chart
ROK Stock Chart
 Rockwell Automation, Inc. Stock News
ROK Stock News
 Rockwell Automation, Inc. Company Information
ROK Company Information
 Rockwell Automation, Inc. Stock Trades
ROK Stock Trades

Rockwell 2Q Profit Up 21% On Sales; Outlook Raised

DOW JONES NEWSWIRES Rockwell Automation Inc.'s (ROK) fiscal second-quarter profit rose 21% on double-digit revenue growth in the company's two main segments. Results beat analysts' expectations, and the company raised the bottom end of its 2011 earnings forecast by 10 cents to $4.40 to $4.60 a share. It also lifted its revenue outlook to $5.7 billion to $5.8 billion, up from its February projection of $5.5 billion to $5.7 billion. The maker of factory-automation equipment and software is seeing conditions improve, especially on results from operations in China and India. "Our strong revenue performance in the first half, continued strength in the industrial sector and an increased tailwind from currency are positives as we enter the third quarter," Chairman and Chief Executive Keith Nosbusch said. "However, events such as the earthquake in Japan and unrest in the Middle East and North Africa have added uncertainty to the global macroeconomic environment." For the quarter ended March 31, Rockwell posted a profit of $166.4 million, or $1.14 a share, up from $137 million, or 95 cents a share, a year earlier. Revenue rose 26% to $1.46 billion, 2 percentage points of which came from favorable currency effects. Analysts polled by Thomson Reuters expected a per-share profit of $1.12 on $1.41 billion in revenue. Gross margin narrowed to 39.4% from 40.6%. Revenue rose 21% in the company's architecture and software business, while its larger control-products unit posted a 30% sales jump. Shares closed Tuesday at $97.84 and were inactive premarket. The stock has gained 60% over the past 12 months. -By Drew FitzGerald, Dow Jones Newswires; 212-416-2909;

Stock News for Rockwell Automation (ROK)
05/20/201617:15:50Statement of Changes in Beneficial Ownership (4)
05/19/201613:38:56Current Report Filing (8-k)
05/10/201618:30:13Statement of Changes in Beneficial Ownership (4)
05/09/201611:16:00Rockwell Automation to Present at Electrical Products Group Conference
05/05/201619:29:39Statement of Changes in Beneficial Ownership (4)
05/04/201611:45:45Quarterly Report (10-q)
05/03/201618:43:28Statement of Changes in Beneficial Ownership (4)
05/02/201618:43:10Initial Statement of Beneficial Ownership (3)
04/27/201607:29:24Current Report Filing (8-k)
04/27/201607:00:00Rockwell Automation Reports Second Quarter 2016 Results
04/20/201609:00:00Symantec Partners with Rockwell Automation to Maximize Security...
04/19/201612:57:00Rockwell Automation Anuncia Cambios en el Liderazgo: Blake Moret...
04/19/201611:51:00Rockwell Automation anuncia mudanças na administração: Blake Mo...
04/19/201610:09:00Rockwell Automation kündigt Führungswechsel an: Blake Moret z...
04/19/201608:20:00Rockwell Automation Names New CEO
04/19/201607:16:28Current Report Filing (8-k)
04/19/201607:00:00Rockwell Automation Announces Leadership Changes: Blake Moret...
04/19/201607:00:00Rockwell Automation annonce des changements au sein de sa direction :...
04/18/201602:20:00New Fanuc Technology Connects Robots to Networks
04/14/201612:29:09Statement of Changes in Beneficial Ownership (4)

Rockwell Automation and other New York Stock Exchange stock quotes are delayed by at least 20 minutes.
All other stock price data is delayed by at least 15 minutes unless otherwise stated.
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations