earnings
confidence high
sentiment positive
materiality 0.80
Rockwell Automation Q3 adjusted EPS $2.66 beats; updates FY2022 guidance with higher EPS range
ROCKWELL AUTOMATION, INC
2022-Q3 EPS reported
$5.06
revenue$5,634,100,000
- Total orders up 17% YoY; reported sales $1.97B (+6.5%), organic +7.1%; currency headwind -3.1%.
- Diluted EPS $2.55 (+10%); adjusted EPS $2.66 (+15%); price/cost positive.
- Software & Control sales +19.1% (organic +13.4%); margin expanded to 31.4% from 25.2%.
- FY2022 guidance: organic sales growth 10-12% (prior 10-14%); adjusted EPS $9.30-$9.70 (from $9.20-$9.80).
- Free cash flow $327M, down from $437M due to working capital buildup.