Rockwell Automation, Inc. (ROK - Free Report) is scheduled to report fourth-quarter fiscal 2016 results on Nov 7, before the opening bell. In the last reported quarter, Rockwell Automation’s both top and bottom line declined year over year. Let’s see how things are shaping up prior to the fourth quarter announcement.
Earnings Whispers
Our proven model does not conclusively show that Rockwell Automation will be able to pull a surprise this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) for an earnings beat. That is not the case here as you will see below.
Zacks ESP: Rockwell Automation’s Earnings ESP stands at -0.67%. This is because the company’s Most Accurate estimate is $1.48, whereas the Zacks Consensus Estimate is pegged higher at $1.49. Please check our Earnings ESP Filter that enables you to find stocks that are expected to come out with earnings surprises.
Zacks Rank: Rockwell Automation currently has a Zacks Rank #4 (Sell). As it is, we caution against Sell-rated stocks (Zacks Ranks #4 and 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
The combination of Rockwell Automation’s Zacks Rank #4 combined with a negative Earnings ESP makes an earnings beat unlikely this quarter.
Surprise History
In the last reported quarter, the company posted a positive earnings surprise of 6.16%. Notably, Rockwell Automation has delivered a positive earnings surprise of 2.34% on an average over the last four quarters.
ROCKWELL AUTOMT Price and EPS Surprise
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Rockwell Automation, Inc. (ROK - Free Report) is scheduled to report fourth-quarter fiscal 2016 results on Nov 7, before the opening bell. In the last reported quarter, Rockwell Automation’s both top and bottom line declined year over year. Let’s see how things are shaping up prior to the fourth quarter announcement.
Earnings Whispers
Our proven model does not conclusively show that Rockwell Automation will be able to pull a surprise this quarter. That is because a stock needs to have both a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), #2 (Buy) or #3 (Hold) for an earnings beat. That is not the case here as you will see below.
Zacks ESP: Rockwell Automation’s Earnings ESP stands at -0.67%. This is because the company’s Most Accurate estimate is $1.48, whereas the Zacks Consensus Estimate is pegged higher at $1.49. Please check our Earnings ESP Filter that enables you to find stocks that are expected to come out with earnings surprises.
Zacks Rank: Rockwell Automation currently has a Zacks Rank #4 (Sell). As it is, we caution against Sell-rated stocks (Zacks Ranks #4 and 5) going into the earnings announcement, especially when the company is seeing negative estimate revisions.
The combination of Rockwell Automation’s Zacks Rank #4 combined with a negative Earnings ESP makes an earnings beat unlikely this quarter.
Surprise History
In the last reported quarter, the company posted a positive earnings surprise of 6.16%. Notably, Rockwell Automation has delivered a positive earnings surprise of 2.34% on an average over the last four quarters.
ROCKWELL AUTOMT Price and EPS Surprise
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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