Rockwell Automation Sees FY24 Sales Growth Of 0.5%-6.5%, Organic Sales Growth (2.0)% - 4.0%; Adjusted EPS $12.00 - $13.50 Vs $13.22 Est.
Portfolio Pulse from Benzinga Newsdesk
Rockwell Automation has projected its FY24 sales growth to be between 0.5% and 6.5%, with organic sales growth ranging from -2.0% to 4.0%. The company's adjusted EPS is expected to be between $12.00 and $13.50, compared to the estimated $13.22.
November 02, 2023 | 11:06 am
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NEGATIVE IMPACT
Rockwell Automation's projected FY24 sales growth and adjusted EPS are lower than estimates, which could potentially impact the company's stock negatively in the short term.
Rockwell Automation's projected sales growth and adjusted EPS for FY24 are lower than the current estimates. This could lead to a negative sentiment among investors, potentially causing a short-term decrease in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100