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Unveiling Rockwell Automation (ROK) Q1 Outlook: Wall Street Estimates for Key Metrics
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In its upcoming report, Rockwell Automation (ROK - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.61 per share, reflecting a decline of 21.1% compared to the same period last year. Revenues are forecasted to be $1.87 billion, representing a year-over-year decrease of 8.7%.
The consensus EPS estimate for the quarter has undergone a downward revision of 0.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
In light of this perspective, let's dive into the average estimates of certain Rockwell Automation metrics that are commonly tracked and forecasted by Wall Street analysts.
The combined assessment of analysts suggests that 'Sales- Intelligent Devices' will likely reach $814.05 million. The estimate points to a change of -12.2% from the year-ago quarter.
Based on the collective assessment of analysts, 'Sales- Lifecycle Services' should arrive at $563.01 million. The estimate indicates a year-over-year change of +8%.
Analysts predict that the 'Sales- Software & Control' will reach $496.02 million. The estimate indicates a change of -17.8% from the prior-year quarter.
Analysts expect 'Operating earnings- Intelligent Devices' to come in at $109.64 million. The estimate is in contrast to the year-ago figure of $150.20 million.
According to the collective judgment of analysts, 'Operating earnings- Lifecycle Services' should come in at $74.30 million. The estimate is in contrast to the year-ago figure of $54.30 million.
The consensus estimate for 'Operating earnings- Software & Control' stands at $107.22 million. The estimate is in contrast to the year-ago figure of $151 million.
Over the past month, Rockwell Automation shares have recorded returns of -3.9% versus the Zacks S&P 500 composite's +1.7% change. Based on its Zacks Rank #3 (Hold), ROK will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Unveiling Rockwell Automation (ROK) Q1 Outlook: Wall Street Estimates for Key Metrics
In its upcoming report, Rockwell Automation (ROK - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $1.61 per share, reflecting a decline of 21.1% compared to the same period last year. Revenues are forecasted to be $1.87 billion, representing a year-over-year decrease of 8.7%.
The consensus EPS estimate for the quarter has undergone a downward revision of 0.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
In light of this perspective, let's dive into the average estimates of certain Rockwell Automation metrics that are commonly tracked and forecasted by Wall Street analysts.
The combined assessment of analysts suggests that 'Sales- Intelligent Devices' will likely reach $814.05 million. The estimate points to a change of -12.2% from the year-ago quarter.
Based on the collective assessment of analysts, 'Sales- Lifecycle Services' should arrive at $563.01 million. The estimate indicates a year-over-year change of +8%.
Analysts predict that the 'Sales- Software & Control' will reach $496.02 million. The estimate indicates a change of -17.8% from the prior-year quarter.
Analysts expect 'Operating earnings- Intelligent Devices' to come in at $109.64 million. The estimate is in contrast to the year-ago figure of $150.20 million.
According to the collective judgment of analysts, 'Operating earnings- Lifecycle Services' should come in at $74.30 million. The estimate is in contrast to the year-ago figure of $54.30 million.
The consensus estimate for 'Operating earnings- Software & Control' stands at $107.22 million. The estimate is in contrast to the year-ago figure of $151 million.
View all Key Company Metrics for Rockwell Automation here>>>
Over the past month, Rockwell Automation shares have recorded returns of -3.9% versus the Zacks S&P 500 composite's +1.7% change. Based on its Zacks Rank #3 (Hold), ROK will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>