Rockwell Automation reported a decrease in fourth-quarter sales by 9.3% year-over-year, but sales were up 12.6% sequentially. The diluted EPS was $2.25, and the adjusted EPS was $1.87. The company introduced fiscal 2021 EPS guidance with diluted EPS expected to be between $8.07 and $8.47, and adjusted EPS between $8.45 and $8.85.
Fourth quarter reported sales decreased 9.3% year-over-year, with organic sales down 12.1% year-over-year.
Fourth quarter reported sales increased 12.6% sequentially; organic sales increased 9.9% sequentially.
Fourth quarter diluted EPS was $2.25, and adjusted EPS was $1.87.
Introduced fiscal 2021 EPS guidance: Diluted EPS $8.07 - $8.47; Adjusted EPS $8.45 - $8.85 (new definition).
Rockwell Automation provided fiscal year 2021 guidance, anticipating continued recovery and growth.