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Mar 31, 2020
Rockwell Automation Q2 2020 Earnings Report
Rockwell Automation reported second quarter results, with sales up slightly and adjusted EPS increasing due to lower incentive compensation expense.
Key Takeaways
Rockwell Automation reported a 1.5% increase in sales compared to the previous year. Adjusted EPS increased by 19% year over year, primarily driven by lower incentive compensation expenses. The company is updating its fiscal year 2020 diluted and adjusted EPS guidance due to the impact of COVID-19.
Reported sales increased by 1.5 percent year over year; organic sales were flat.
Inorganic investments contributed 3 percent to reported sales growth.
Diluted EPS was $1.13; Adjusted EPS was $2.43.
Cash Flow from Operations was $217.4 million, up 51 percent; Free Cash Flow was $197.8 million, up 89 percent.
Revenue by Geographic Location
Forward Guidance
Rockwell Automation updated its fiscal year 2020 sales growth and EPS guidance, taking into account the expected impacts of the COVID-19 pandemic and recent acquisitions.
Positive Outlook
- Protecting our people
- Protecting our business resources
- Forging deeper partnerships
- Helping our customers recover
- Helping our customers thrive
Challenges Ahead
- COVID-19 pandemic is rapidly evolving
- Duration of supply chain impacts is highly uncertain
- Severity of business operations impacts is highly uncertain
- Geographic scope of financial condition impacts is highly uncertain
- Impacts on suppliers, distributors, business partners and customers are highly uncertain
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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