
Shares of Rockwell Automation ROK.N slump 6.9% to $400 premarket
The maker of industrial automation products raises profit forecast; now expects FY adjusted profit per share of $11.40 to $12.20, from $11.20 to $12.20 per share, previously
However, midpoint of new forecast still below analysts' average estimate of $12.02 per share, according to data compiled by LSEG
ROK posts Q1 profit above Wall Steet estimates as sustained industrial demand buoyed its topline while cost saving measures helped boost margins
Reports Q1 adjusted profit per share of $2.75 per share vs analysts' average estimate of $2.46
Quarterly sales rose nearly 12% YoY to $2.11 billion
In 2025, ROK's stock surged 36.2%