|
|
|
|
|||||
|
|
|
Rockwell Automation Inc. ROK has reported adjusted earnings per share (EPS) of $2.45 in second-quarter fiscal 2025 (ended March 31, 2025), surpassing the Zacks Consensus Estimate of $2.09. The bottom line declined 2% year over year due to lower sales volume.
Including one-time items, earnings were $2.22 per share compared with $2.31 in the year-ago quarter.
Rockwell Automation, Inc. price-consensus-eps-surprise-chart | Rockwell Automation, Inc. Quote
Total sales were $2.00 billion, down 5.9% from the prior-year quarter. The top line beat the Zacks Consensus Estimate of $1.96 billion. Organic sales moved down 4%. We projected a 5.7% decline in organic sales. (Find the latest earnings estimates and surprises on Zacks Earnings Calendar.)
The cost of sales declined 7.9% year over year to $1.19 billion. The gross profit fell 2.8% to $810 million. However, the gross margin increased to 40.5% from the prior-year quarter’s 39.2%. Selling, general and administrative expenses moved down 6.4% year over year to $469 million.
Consolidated segment operating income totaled $408 million, up 1% from the prior-year quarter. The total segment operating margin was 20.4% in the fiscal second quarter, higher than the prior-year period’s 19%. Lower sales volume was partially offset by benefits from cost reduction and positive pricing.
Intelligent Devices: Net sales amounted to $896 million, down 8% year over year. The reported figure beat our estimate of $837 million.
The segment’s operating earnings totaled $159 million compared with the year-earlier quarter’s $161 million. We predicted the segment’s operating earnings to be $142 million. The segment’s operating margin increased to 17.7% from the year-ago quarter’s 16.5%.
Software & Control: Net sales dipped 1% year over year to $568 million. Reported sales beat our estimate of $535 million.
The segment’s operating earnings increased 17.1% year over year to $171 million. We predicted segmental operating earnings of $118 million. The segment’s operating margin was 30.1% compared with 25.7% in the year-earlier quarter, reflecting the impacts of cost reduction, partially offset by higher compensation.
Lifecycle Services: Net sales for the segment were $537 million, down 8% year over year. We projected the segment’s sales to be $595 million.
The segment’s operating earnings totaled $78 million compared with the year-ago quarter’s $97 million. Our estimate for the segment’s operating earnings was $95 million. The segment’s operating margin was 14.5% compared with the year-ago quarter’s 16.6%. The improvements from cost reduction actions and strong project execution were offset by lower sales volume.
At the end of the second quarter of fiscal 2025, cash and cash equivalents were approximately $450 million compared with $471 million as of the end of fiscal 2024. Cash flow from operations was $199 million compared with the year-ago quarter’s $120 million. Return on invested capital was 14.2% as of March 31, 2025.
Rockwell Automation’s long-term debt was $2.57 billion at the end of the quarter compared with $2.56 billion at the fiscal 2024 end.
ROK repurchased 0.5 million shares for $129 million. As of the end of the quarter, $1.1 billion was available under the existing share-repurchase authorization.
The company updated its reported sales view to a decline of 4.5% to growth of 1.5%. It had earlier projected a drop of 5.5% to 0.5% growth in sales. The revised guidance includes a negative foreign currency impact of 0.5%. Organic sales growth are expected between a decline of 4% to an increase of 2%.
Rockwell Automation increased its adjusted EPS guidance to $9.20-$10.20 for fiscal 2025. It earlier expected an adjusted EPS of $8.60-$9.80.
In the past year, Rockwell Automation shares have lost 5.3% compared with the industry’s 52.7% decline.
Rockwell Automation currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
KLA Corporation KLAC reported third-quarter fiscal 2025 non-GAAP earnings of $8.41 per share, beating the Zacks Consensus Estimate by 4.34%. The figure soared 59.9% year over year.
KLA Corporation’s sales increased 29.8% year over year to $3.06 billion, surpassing the Zacks Consensus Estimate of $3.01 billion by 1.92%.
The Timken Company TKR posted an adjusted EPS of $1.40 in first-quarter 2025, missing the Zacks Consensus Estimate of $1.43 per share. The bottom line declined 21% year over year from the EPS of $1.77 in the year-ago quarter.
Timken’s total sales were $1.14 billion, down 4.2% from sales of $1.19 billion in the year-ago quarter. The top line beat the Zacks Consensus Estimate of $1.12 billion.
Teradyne TER registered first-quarter 2025 non-GAAP earnings of 75 cents per share, which comfortably beat the Zacks Consensus Estimate by 22.95% and jumped 47.1% year over year.
Teradyne’s sales of $686 million beat the Zacks Consensus Estimate of $684 million and increased 14.3% year over year. The rise was driven by a strong performance in the Semiconductor Test division.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
This article originally published on Zacks Investment Research (zacks.com).
| 3 hours | |
| 4 hours | |
| 7 hours | |
| 8 hours | |
| 9 hours | |
| 9 hours | |
| 16 hours | |
| 18 hours | |
| 18 hours | |
| May-07 | |
| May-07 | |
| May-07 | |
| May-07 | |
| May-07 | |
| May-07 |
Join thousands of traders who make more informed decisions with our premium features. Real-time quotes, advanced visualizations, backtesting, and much more.
Learn more about FINVIZ*Elite