earnings
confidence high
sentiment positive
materiality 0.85
Rockwell Automation Q2 sales up 25.8% YoY, raises FY2023 guidance across EPS and sales
ROCKWELL AUTOMATION, INC
2023-Q2 EPS reported
$5.90
revenue$4,256,400,000
- Q2 sales $2,275M (+25.8% YoY); organic sales +27.3%; diluted EPS $2.59, adjusted EPS $3.01.
- Segment operating margin 21.3% vs 15.7% YoY; Software & Control sales +38.5%, Intelligent Devices +26.5%.
- Raises FY2023 guidance: reported sales growth 12.5%-16.5%, adjusted EPS $11.50-$12.20.
- ARR grew 15% YoY; free cash flow $156M vs $45.9M; ROIC 19.7% vs 13.2%.
- Share repurchases $38.4M in Q2; $1.1B remaining under authorization.