Rockwell Automation results top estimates, annual profit forecast lags
Rockwell Automation exceeded first-quarter profit and sales estimates, driven by industrial demand and cost-saving measures, which boosted its operating margin to 20.7%. However, the company's narrowed full-year profit forecast, with a midpoint below Wall Street estimates, caused its shares to fall. Rockwell uplifted the lower end of its adjusted profit forecast for 2026 to between $11.40 and $12.20 per share, while benefiting from U.S. reshoring and increased investment in automation and AI.
https://www.marketscreener.com/news/rockwell-automation-results-top-estimates-annual-profit-forecast-lags-ce7e5ad8d989f127