Rockwell Automation Inc. Q4 adjusted earnings Beat Estimates

(RTTNews) - Rockwell Automation Inc. (ROK) announced earnings for its fourth quarter that advanced from the same period last year.

The company's earnings came in at $345.9 million, or $2.80 per share. This compares with $204.6 million, or $1.57 per share, in last year's fourth quarter.

Excluding items, Rockwell Automation Inc. reported adjusted earnings of $260.2 million or $2.11 per share for the period.

Analysts had expected the company to earn $2.02 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 3.6% to $1.73 billion from $1.67 billion last year.

Rockwell Automation Inc. earnings at a glance:

-Earnings (Q4): $260.2 Mln. vs. $219.9 M. last year. -EPS (Q4): $2.11 vs. $1.69 last year. -Analysts Estimate: $2.02 -Revenue (Q4): $1.73 Bln vs. $1.67 Bln last year.