AI English summary of an SEC filing — figures as filed
The company said first-quarter fiscal 2024 sales were $2,052 million, up 3.6% from $1,981 million a year earlier. Organic sales rose 1.0%. Acquisitions added 1.4% and currency translation added 1.2%.
Key points
AI summaryThe company said first-quarter fiscal 2024 sales were $2,052 million, up 3.6% from $1,981 million a year earlier. Organic sales rose 1.0%. Acquisitions added 1.4% and currency translation added 1.2%.
The company said net income attributable to Rockwell Automation for Q1 was $215 million (diluted EPS of $1.86), down from $384 million ($3.31) a year earlier. Adjusted EPS was $2.04, down 17.1% from $2.46 a year earlier.
The company said cash flow from operating activities for Q1 was $32.6 million, and free cash flow was $(35.3) million. The figures were $66.3 million and $42.1 million, respectively, a year earlier. The company said the decreases reflected a higher payout of incentive compensation related to 2023 fiscal year performance.
The company said it updated its diluted EPS outlook for fiscal 2024 to $11.24 to $12.74, from the prior outlook of $11.49 to $12.99. It kept its adjusted EPS outlook at $12.00 to $13.50. The company said the diluted EPS outlook now includes purchase accounting amortization from the Clearpath Robotics and Verve Industrial Protection acquisitions.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Rockwell Automation Reports 2024 Fiscal Q1 Sales $2,052 million
The company said first-quarter fiscal 2024 sales were $2,052 million, up 3.6% from $1,981 million a year earlier. Organic sales rose 1.0%. Acquisitions added 1.4% and currency translation added 1.2%.
Source · Based on the filing body and exhibits
Rockwell Automation Net Income and Diluted EPS Fall in Q1
The company said net income attributable to Rockwell Automation for Q1 was $215 million (diluted EPS of $1.86), down from $384 million ($3.31) a year earlier. Adjusted EPS was $2.04, down 17.1% from $2.46 a year earlier.
Source · Based on the filing body and exhibits
Rockwell Automation Operating and Free Cash Flow in Q1
The company said cash flow from operating activities for Q1 was $32.6 million, and free cash flow was $(35.3) million. The figures were $66.3 million and $42.1 million, respectively, a year earlier. The company said the decreases reflected a higher payout of incentive compensation related to 2023 fiscal year performance.
Source · Based on the filing body and exhibits
Rockwell Automation Updates Fiscal 2024 Diluted EPS Outlook
The company said it updated its diluted EPS outlook for fiscal 2024 to $11.24 to $12.74, from the prior outlook of $11.49 to $12.99. It kept its adjusted EPS outlook at $12.00 to $13.50. The company said the diluted EPS outlook now includes purchase accounting amortization from the Clearpath Robotics and Verve Industrial Protection acquisitions.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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