Rockwell Automation Inc. Profit Drops 6% In Q3

(RTTNews) - Rockwell Automation Inc. (ROK) revealed earnings for third quarter that retreated compared to the same period last year.

The company said its profit totaled $203.1 million, or $1.55 per share. This was lower than $216.3 million, or $1.59 per share, in last year's third quarter.

Analysts had expected the company to earn $1.46 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 7.0% to $1.47 billion. This was down from $1.58 billion last year.

Rockwell Automation Inc. earnings at a glance:

-Earnings (Q3): $203.1 Mln. vs. $216.3 Mln. last year. -Earnings Decline (Y-o-Y): -6.1% -EPS (Q3): $1.55 vs. $1.59 last year. -EPS Decline (Y-o-Y): -2.5% -Analysts Estimate: $1.46 -Revenue (Q3): $1.47 Bln vs. $1.58 Bln last year. -Revenue Change (Y-o-Y): -7.0%

-Guidance: Full year EPS guidance: $5.80 - $6.00