Rockwell Automation (NYSE:ROK) is expected to report Q4 earnings before the market open on Tuesday, November 9 with a conference call scheduled for 8:30 am ET.
Guidance
Analysts are looking for EPS of 91c on revenue of $1.32B. The consensus range is 86c-95c for EPS, and $1.28B-$1.34B for revenue, according to First Call. The company has beat EPS and revenue estimates for each of the past four quarters, and investors will be looking for the same when Rockwell reports on Tuesday. On its Q3 report, Rockwell raised its FY10 EPS guidance to $2.95-$3.05 vs. consensus of $3.05. It also forecast Q4 revenue would be 4% higher than Q3. On September 16, the company issued FY11 EPS guidance of $3.75-$3.95, slightly higher than consensus estimates of $3.75. The shares have soared over 20% since Q3 results were released, recently hitting a 52-week high of $66.86. Q4 results will determine whether the positive momentum continues.
