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Rockwell Automation jumps after raising 2025 profit forecast

ReutersMay 7, 2025 12:07 PM

Rockwell Automation's ROK.N shares rise 9% to $275 premarket

Company raises 2025 profit forecast banking on stronger margins and demand for automation products

ROK expects annual adj profit/share to be between $9.20 and $10.20, up from its prior expectation range of $8.60 to $9.80

Company posts Q2 adj profit of $2.45 per share vs est $2.09/share, according to data compiled by LSEG

Q2 sales fall nearly 6% to about $2 bln, vs est $1.96 bln

13 of 29 brokerages rate the stock "buy" or higher, 13 "hold" and 3 "sell"; median PT $275

As of last close, stock down 11.5% YTD

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