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AI English summary of an SEC filing — figures as filed

Rockwell Automation logoRockwell Automation ROK

The company said that sales for Q3 of fiscal 2024 were $2,051 million, down 8.4% from $2,239 million a year earlier, and that organic sales fell 8.4%. It said currency translation reduced sales by 0.6% and acquisitions increased sales by 0.6%.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said that sales for Q3 of fiscal 2024 were $2,051 million, down 8.4% from $2,239 million a year earlier, and that organic sales fell 8.4%. It said currency translation reduced sales by 0.6% and acquisitions increased sales by 0.6%.

  2. Rockwell Automation said diluted EPS for Q3 was $2.02 ($3.45 a year earlier), and adjusted EPS was $2.71 ($3.01 a year earlier). It cited a restructuring charge of $0.46 as included in diluted EPS.

  3. The company said it updated its fiscal 2024 reported sales growth outlook to about 8.5 from 6.0 to 4.0, its diluted EPS outlook to about $8.32 from $8.80 to $9.80, and its adjusted EPS outlook to about $9.60 from $10.00 to $11.00.

  4. Rockwell Automation said operating cash flow for Q3 was $279 million ($282 million a year earlier), and free cash flow was $238 million ($240 million a year earlier). It cited lower pre-tax income as the main reason for the decline, partly offset by lower working capital.

Summary

AI-written

Analysis 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.

Fiscal 2024 Q3 Sales Down 8.4%

The company said that sales for Q3 of fiscal 2024 were $2,051 million, down 8.4% from $2,239 million a year earlier, and that organic sales fell 8.4%. It said currency translation reduced sales by 0.6% and acquisitions increased sales by 0.6%.

Source · Based on the filing body and exhibits

Q3 Diluted EPS $2.02, Adjusted EPS $2.71

Rockwell Automation said diluted EPS for Q3 was $2.02 ($3.45 a year earlier), and adjusted EPS was $2.71 ($3.01 a year earlier). It cited a restructuring charge of $0.46 as included in diluted EPS.

Source · Based on the filing body and exhibits

Fiscal 2024 Full-Year Outlook Lowered

The company said it updated its fiscal 2024 reported sales growth outlook to about 8.5 from 6.0 to 4.0, its diluted EPS outlook to about $8.32 from $8.80 to $9.80, and its adjusted EPS outlook to about $9.60 from $10.00 to $11.00.

Source · Based on the filing body and exhibits

Q3 Free and Operating Cash Flow

Rockwell Automation said operating cash flow for Q3 was $279 million ($282 million a year earlier), and free cash flow was $238 million ($240 million a year earlier). It cited lower pre-tax income as the main reason for the decline, partly offset by lower working capital.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.