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Rockwell Automation Cuts 2024: Now Expects Adj. EPS Of ~$9.60 (Prior $10.00-$11.00) Vs $10.11 Est.; Sees Sales Growth Of ~(8.5)% (Prior (6.0)% - (4.0)%)

Author: Benzinga Newsdesk | August 07, 2024 07:05am

Fiscal Year 2024 Outlook

The table below provides updated guidance for sales growth and earnings per share for fiscal 2024.

 

Updated Guidance

 

Prior Guidance

Reported sales growth

~ (8.5)%

 

(6.0)% - (4.0)%

Organic sales growth (1)

~ (10.0)%

 

(8.0)% - (6.0)%

Inorganic sales growth

~ 1.5%

 

~ 1.5%

Currency translation

~ 0.0%

 

~ 0.5%

Diluted EPS

~ $8.32

 

$8.80- $9.80

Adjusted EPS (1)

~ $9.60

 

$10.00- $11.00

Posted In: ROK

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