Rockwell Automation Inc (ROK, Financial) is set to release its Q3 2024 earnings on Aug 7, 2024. The consensus estimate for Q3 2024 revenue is $2,061.54 million, and the earnings are expected to come in at $1.89 per share. The full year 2024's revenue is expected to be $8.59 billion and the earnings are expected to be $9.51 per share. More detailed estimate data can be found on the Estimates page.
Rockwell Automation Inc (ROK, Financial) Estimates Trends
Over the past 90 days, revenue estimates for Rockwell Automation Inc (ROK) for the full year 2024 have declined from $9.10 billion to $8.59 billion, and for 2025, the estimates have decreased from $9.57 billion to $9.06 billion. Earnings estimates have also seen a reduction, with projections for 2024 declining from $11.29 per share to $9.51 per share, and for 2025, from $12.69 per share to $11.49 per share.
Rockwell Automation Inc (ROK, Financial) Reported History
In the previous quarter of March 31, 2024, Rockwell Automation Inc's (ROK) actual revenue was $2.13 billion, which beat analysts' revenue expectations of $2.06 billion by 3.42%. Rockwell Automation Inc's (ROK) actual earnings were $2.31 per share, which beat analysts' earnings expectations of $2.01 per share by 14.98%. After releasing the results, Rockwell Automation Inc (ROK) was down by -1.93% in one day.
Rockwell Automation Inc (ROK, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 20 analysts, the average target price for Rockwell Automation Inc (ROK) is $283.03 with a high estimate of $316 and a low estimate of $220. The average target implies an upside of 14% from the current price of $248.27.
Based on GuruFocus estimates, the estimated GF Value for Rockwell Automation Inc (ROK, Financial) in one year is $319.34, suggesting an upside of 28.63% from the current price of $248.27.
Based on the consensus recommendation from 26 brokerage firms, Rockwell Automation Inc's (ROK, Financial) average brokerage recommendation is currently 2.7, indicating a "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies a Strong Buy, and 5 denotes a Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
