UPDATE: Rockwell Automation Posts Upbeat FQ3 Profit

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Rockwell Automation
ROK
reported a 6.8% rise in its fiscal third-quarter profit. Rockwell Automation's quarterly profit surged to $203.7 million, or $1.45 per share, from $190.7 million, or $1.33 per share, in the year-ago period. Excluding one-time items, its adjusted profit climbed to $1.54 per share from $1.37 per share. Its sales rose 4.1% to $1.62 billion. However, analysts were projecting a profit of $1.39 per share on sales of $1.6 billion. Rockwell Automation's operating margin rose to 19.6% from 18.7%. Rockwell Automation shares closed at $90.55 yesterday.
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Posted In: EarningsNewsprofit
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