Earnings Preview: Rockwell Automation

| About: Rockwell Automation, (ROK)

Rockwell Automation (NYSE:ROK) is expected to report Q2 earnings before the market open on Wednesday, April 25 with a conference call scheduled for 8:30 am ET.


Analysts are looking for EPS of $1.27 on revenue of $1.57B. The consensus range is $1.22-$1.34 for EPS, and $1.53B-$1.6B for revenue, according to First Call. The company reported mixed results in Q1, beating EPS but missing revenue estimates. On its Q1 earnings report, it guided FY12 EPS to $5.05-$5.45 vs. consensus $5.34, and FY12 revenue to $6.2B-$6.5B vs. consensus $6.44B. The company said results may be "uneven" throughout the year. Recent sentiment on the Street has been mostly positive over the past three months.

Analyst Views

On April 17, Wells Fargo said recent weakness in the stock represented a buying opportunity. The firm expected Rockwell to beat Q2 estimates and maintained an Outperform rating on the shares. The stock has traded modestly lower since Q1 numbers were released in late January, falling approximately 5%.