Loading...
•
Jun 30, 2020
Rockwell Automation Q3 2020 Earnings Report
Rockwell Automation's Q3 2020 earnings decreased due to lower sales, but earnings were higher than expected driven by better organic sales.
Key Takeaways
Rockwell Automation reported a decrease in sales by 16.3% year-over-year, with organic sales declining by 17.6%. Diluted EPS was $2.73, while Adjusted EPS was $1.27. Despite difficult conditions, earnings exceeded expectations due to better organic sales. The company is reorganizing into three operating segments - Intelligent Devices, Software & Control, and Lifecycle Services - to accelerate profitable growth.
Reported sales decreased by 16.3% year-over-year, and organic sales declined by 17.6%.
Inorganic investments contributed 3% to reported sales.
Diluted EPS was $2.73, and Adjusted EPS was $1.27.
Liquidity position was enhanced by strong cash flow generation.
Rockwell Automation
Rockwell Automation
Rockwell Automation Revenue by Segment
Rockwell Automation Revenue by Geographic Location
Revenue by Segment
Intelligent Devices Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.comEMEA Revenue
CapyFin.comAsia Pacific Revenue
CapyFin.comLatin America Revenue
CapyFin.com Forward Guidance
Rockwell Automation provided guidance for fiscal year 2020, projecting a continuing gradual recovery with no increase in pandemic-related facility closures or supply chain disruptions.