earnings
confidence high
sentiment positive
materiality 0.80
Rockwell Automation Q3 sales up 32.6%, adjusted EPS $2.31 (+75% YoY); raises FY2021 guidance
ROCKWELL AUTOMATION, INC
2021-Q3 EPS reported
$10.91
revenue$5,189,600,000
- Q3 sales $1,848M (+32.6% YoY); organic sales +26.4%; record orders >$2B.
- GAAP diluted EPS $2.32; adjusted EPS $2.31, up 75% from $1.32 YoY.
- Raises FY2021 guidance: reported sales growth ~12%, organic ~8%; adjusted EPS $9.10-$9.30.
- Segment margins all improved: Intelligent Devices 21.9%, Software & Control 25.2%, Lifecycle Services 10.3%.
- Free cash flow $437M; conversion 161%; repurchased $60.5M in shares in Q3.