earnings
confidence high
sentiment negative
materiality 0.85
Rockwell Automation Q2 adj EPS $1.66 (-31% YoY); slashes FY2022 guidance
ROCKWELL AUTOMATION, INC
2022-Q2 EPS reported
$2.51
revenue$3,665,400,000
- Q2 reported sales $1,808M, +1.8% YoY; organic sales +1.3%; orders up 37% YoY.
- GAAP diluted EPS $0.46; adjusted EPS $1.66, down 31.1% from $2.41; total segment op margin 15.7% vs 22.0%.
- Fiscal 2022 guidance cut: reported sales growth 11-15% (prior 16-19%); adj EPS $9.20-$9.80 (prior $10.50-$11.10).
- Total ARR up 58% organically; board authorized additional $1.0B share repurchase.
- Intelligent Devices sales -4.9% YoY; Software & Control +6.5%; Lifecycle Services +9.7%.