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Rockwell Automation Inc Issues FY 2013 Guidance In Line With Analysts' Estimates; Comments On H2 2013 Revenue Guidance


Monday, 5 Nov 2012 07:00am EST 

Rockwell Automation Inc announced that for fiscal 2013, it expects sales of $6.35 to $6.65 billion, which represents organic growth of 1% to 5%. Based on this sales outlook, the Company is initiating fiscal 2013 Adjusted EPS guidance of $5.35 to $5.75. The sluggish global economy and a weaker solutions backlog are headwinds as enter fiscal 2013. While it do expects sales to increase next year, the growth will likely be more weighted to the second half of 2013. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $6.47 billion and EPS of $5.46 for fiscal 2013. 

Company Quote

121.56
-1.5 -1.22%
12:32pm EDT