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Barchart
Kritika Sarmah

What You Need to Know Ahead of Rockwell Automation’s Earnings Release

ROK

Rockwell Automation, Inc. (ROK), headquartered in Milwaukee, Wisconsin, provides industrial automation and digital transformation solutions. The company is valued at $30 billion by market cap and offers products such as control systems, motor control devices, sensors, and industrial control panels. The industrial equipment and software maker is expected to announce its fiscal third-quarter earnings for 2024 before the market opens on Wednesday, Aug. 7. 

Ahead of the event, analysts expect ROK to report a profit of $2.11 per share on a diluted basis, down 29.9% from $3.01 per share in the year-ago quarter. The company beat the consensus estimates in two of the last four quarters while missing on two other occasions. 

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