Rockwell Automation beats by $0.22, reports revs in-line; guides FY18 EPS above consensus (204.69)
- Reports Q1 (Dec) earnings of $1.96 per share, excluding non-recurring items, $0.22 better than the Capital IQ Consensus of $1.74; revenues rose 6.5% year/year to $1.59 bln vs the $1.6 bln Capital IQ Consensus.
- Pre-tax margin was 18.8 percent in the first quarter of fiscal 2018 compared to 17.3 percent in the same period last year.
- Co issues upside guidance for FY18, sees EPS of $7.60-7.90, excluding non-recurring items, vs. $7.51 Capital IQ Consensus Estimate.