Loading...
•
Jun 30, 2022
Rockwell Automation Q3 2022 Earnings Report
Rockwell Automation reported a strong Q3 2022, with adjusted EPS growing over 15% year over year, driven by continued order strength and improved supply chain.
Key Takeaways
Rockwell Automation reported a 6.5% increase in sales to $1,969 million in Q3 2022. Diluted EPS was $2.55, and Adjusted EPS was $2.66, a 15% increase year-over-year. The company has updated its fiscal year 2022 sales growth guidance to 10.5% - 12.5% and Adjusted EPS guidance to $9.30 - $9.70.
Total orders were up 17% year-over-year.
Reported sales increased by 6.5% year-over-year, with organic sales up 7.1%.
Total ARR grew by 59%, while organic ARR increased by 18%.
Diluted EPS was $2.55, and Adjusted EPS was $2.66, representing increases of 10% and 15% year-over-year, respectively.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Rockwell Automation expects strong double-digit year-over-year and sequential sales growth in Q4. The midpoint of fiscal year organic growth range is reduced to reflect ongoing supply chain volatility.
Positive Outlook
- Strong demand
- Record backlog
- Executing very well
- Teams are working together with partners
- Teams are working together with suppliers and customers
Challenges Ahead
- Ongoing supply chain volatility
- Macroeconomic factors, including inflation
- Global and regional business conditions
- Commodity prices
- Currency exchange rates
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...