Rockwell Automation (ROK -2.4%) slips after its FQ2 results missed consensus estimates earlier...

|About: Rockwell Automation, Inc. (ROK)|By:, SA News Editor

Rockwell Automation (ROK -2.4%) slips after its FQ2 results missed consensus estimates earlier today. In spite of a 6.6% increase in revenue, higher corporate costs weighed heavily on its bottom line. The company also narrowed its FY12 view, pushing EPS estimates nearly out of consensus range. It now expects to earn between $5.10 - $5.40 per share on sales of around $6.25B - $6.45B.