Rockwell Automation Non-GAAP EPS of $2.66 beats by $0.32, revenue of $1.97B misses by $10M

Jul. 27, 2022 7:05 AM ETRockwell Automation, Inc. (ROK)By: Pranav Ghumatkar, SA News Editor
  • Rockwell Automation press release (NYSE:ROK): Q3 Non-GAAP EPS of $2.66 beats by $0.32.
  • Revenue of $1.97B (+6.5% Y/Y) misses by $10M.
  • Total orders up 17% year over year.
  • Reported sales up 6.5% year over year; organic sales up 7.1%.
  • Total ARR up 59%; Organic ARR up 18%.
  • Updates fiscal 2022 reported sales growth guidance to 10.5% - 12.5%; organic sales growth to 10% - 12%
  • Updates fiscal 2022 Diluted EPS guidance to $7.74 - $8.14; Adjusted EPS guidance to $9.30 - $9.70.

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