Earnings Outlook For Rockwell Automation
Portfolio Pulse from Benzinga Insights
Rockwell Automation (NYSE:ROK) is expected to release its quarterly earnings report on January 31, 2024. Analysts predict an EPS of $2.63. Investors will be looking for an earnings beat and positive guidance for future growth. Historically, ROK's stock price has reacted to past earnings performances and guidance. Last quarter, ROK beat the EPS estimate by $0.19, leading to a 1.97% stock price increase the following day. Over the last year, ROK shares have risen by 8.58%, with the stock currently trading at $304.62.
January 30, 2024 | 7:01 pm
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Rockwell Automation is anticipated to release its earnings report with an expected EPS of $2.63. Positive results and guidance could influence the stock positively, as seen in the past.
Given Rockwell Automation's history of stock price increases following an earnings beat, a positive report could lead to a similar short-term price increase. The stock has been performing well over the past year, indicating a bullish sentiment among long-term investors that could be reinforced with strong earnings and guidance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100