Rockwell Automation Inc. Q4 Profit Falls 18%

(RTTNews) - Rockwell Automation Inc. (ROK) released earnings for fourth quarter that dropped from last year.

The company said its profit dropped to $211.3 million, or $1.57 per share. This was down from $257.6 million, or $1.86 per share, in last year's fourth quarter.

Analysts had expected the company to earn $1.79 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 9.6% to $1.61 billion. This was down from $1.78 billion last year.

Rockwell Automation Inc. earnings at a glance:

-Earnings (Q4): $211.3 Mln. vs. $257.6 Mln. last year. -Earnings Decline (Y-o-Y): -18.0% -EPS (Q4): $1.57 vs. $1.86 last year. -EPS Decline (Y-o-Y): -15.6% -Analysts Estimate: $1.79 -Revenue (Q4): $1.61 Bln vs. $1.78 Bln last year. -Revenue Change (Y-o-Y): -9.6%

-Guidance: Full year EPS guidance: $5.90 to $6.40