Rockwell Automation Q3 2020 Earnings Report
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
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.