Rockwell Automation shares are trading lower after the company reported Q2 financial results and cut its FY24 adjusted EPS guidance.
Portfolio Pulse from Benzinga Newsdesk
Rockwell Automation's shares dropped following its Q2 financial results announcement and a reduction in its FY24 adjusted EPS guidance.
May 07, 2024 | 11:48 am
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Rockwell Automation's stock price fell after announcing Q2 financial results and lowering its FY24 adjusted EPS forecast.
The reduction in Rockwell Automation's FY24 adjusted EPS guidance directly impacts investor sentiment and the stock's valuation, leading to a negative short-term price movement.
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