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Exploring Analyst Estimates for Rockwell Automation (ROK) Q4 Earnings, Beyond Revenue and EPS
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In its upcoming report, Rockwell Automation (ROK - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $3.55 per share, reflecting an increase of 6.3% compared to the same period last year. Revenues are forecasted to be $2.39 billion, representing a year-over-year increase of 3.3%.
The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific Rockwell Automation metrics that are commonly monitored and projected by Wall Street analysts.
According to the collective judgment of analysts, 'Sales- Intelligent Devices' should come in at $1.14 billion. The estimate points to a change of +5.2% from the year-ago quarter.
Analysts expect 'Sales- Lifecycle Services' to come in at $501.77 million. The estimate indicates a year-over-year change of -12.4%.
Analysts predict that the 'Sales- Software & Control' will reach $751.55 million. The estimate indicates a year-over-year change of +14.4%.
Analysts' assessment points toward 'Organic Sales - Total Growth' reaching 5.8%. The estimate is in contrast to the year-ago figure of 13.0%.
The consensus among analysts is that 'Operating earnings- Intelligent Devices' will reach $239.59 million. Compared to the present estimate, the company reported $215.00 million in the same quarter last year.
The collective assessment of analysts points to an estimated 'Operating earnings- Lifecycle Services' of $77.83 million. Compared to the current estimate, the company reported $100.00 million in the same quarter of the previous year.
The consensus estimate for 'Operating earnings- Software & Control' stands at $245.90 million. The estimate is in contrast to the year-ago figure of $205.00 million.
Shares of Rockwell Automation have experienced a change of -3.3% in the past month compared to the -2.3% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), ROK is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Exploring Analyst Estimates for Rockwell Automation (ROK) Q4 Earnings, Beyond Revenue and EPS
In its upcoming report, Rockwell Automation (ROK - Free Report) is predicted by Wall Street analysts to post quarterly earnings of $3.55 per share, reflecting an increase of 6.3% compared to the same period last year. Revenues are forecasted to be $2.39 billion, representing a year-over-year increase of 3.3%.
The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific Rockwell Automation metrics that are commonly monitored and projected by Wall Street analysts.
According to the collective judgment of analysts, 'Sales- Intelligent Devices' should come in at $1.14 billion. The estimate points to a change of +5.2% from the year-ago quarter.
Analysts expect 'Sales- Lifecycle Services' to come in at $501.77 million. The estimate indicates a year-over-year change of -12.4%.
Analysts predict that the 'Sales- Software & Control' will reach $751.55 million. The estimate indicates a year-over-year change of +14.4%.
Analysts' assessment points toward 'Organic Sales - Total Growth' reaching 5.8%. The estimate is in contrast to the year-ago figure of 13.0%.
The consensus among analysts is that 'Operating earnings- Intelligent Devices' will reach $239.59 million. Compared to the present estimate, the company reported $215.00 million in the same quarter last year.
The collective assessment of analysts points to an estimated 'Operating earnings- Lifecycle Services' of $77.83 million. Compared to the current estimate, the company reported $100.00 million in the same quarter of the previous year.
The consensus estimate for 'Operating earnings- Software & Control' stands at $245.90 million. The estimate is in contrast to the year-ago figure of $205.00 million.
View all Key Company Metrics for Rockwell Automation here>>>Shares of Rockwell Automation have experienced a change of -3.3% in the past month compared to the -2.3% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), ROK is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .