Rockwell Automation (ROK): "Rockwell Automation Beats on Earnings,...

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Re: Investorman post# 599

Thursday, 11/07/2013 12:40:07 PM

Thursday, November 07, 2013 12:40:07 PM

"Rockwell Automation Beats on Earnings, Revs"

Rockwell Automation, Inc. (ROK) reported fourth-quarter fiscal 2013 (ended Sep 30, 2013) adjusted earnings of $1.62 per share, up 14% from $1.42 earned in the prior-year quarter. The results beat the Zacks Consensus Estimate of $1.52.

Adjusted earnings exclude the net effect of non-operating pension costs and their related tax effect of 9 cents per share in the reported quarter and 4 cents in the year-ago quarter. Including this, earnings from continuing operations were $1.53 per share compared with the prior-year quarter’s earnings of $1.38.

Total revenues were $1,715.7 million in the reported quarter, up 3% year over year. The results surpassed the Zacks Consensus Estimate of $1,695 million. Organic sales growth was also 3% year over year."

http://finance.yahoo.com/news/rockwell-automation-beats-earnings-revs-171415421.html