Rockwell Automation beats by $0.04, reports revs in-line; guides FY15 EPS in-line
Reports Q4 (Sep) earnings of $1.86 per share, excluding non-recurring items, $0.04 better than the Capital IQ Consensus Estimate of $1.82; revenues rose 3.8% year/year to $1.78 bln vs the $1.8 bln consensus.
"Despite heightened uncertainty in some regions, the U.S. economy remains strong, and forecasts call for continued moderate global economic growth. Based on these factors, along with underlying demand trends, we are projecting fiscal 2015 organic sales growth of 2.5-6.5%"
- Organic sales growth was 4.4 percent, and currency translation reduced sales by 0.7 percent. Fiscal 2014 fourth quarter sales were up 8.0 percent compared to the third quarter of fiscal 2014, despite nearly a full point of currency headwind.
"Despite heightened uncertainty in some regions, the U.S. economy remains strong, and forecasts call for continued moderate global economic growth. Based on these factors, along with underlying demand trends, we are projecting fiscal 2015 organic sales growth of 2.5-6.5%"