Rockwell Automation reports Q3 adj. EPS 2.16, consensus $2.04
Reports Q3 revenue $1.7B, consensus $1.69B. CEO Blake Moret commented, "We are focused on profitable, above-market growth through a combination of share gains in core platforms, double-digit growth in Information Solutions and Connected Services, and a point or more per year of growth from acquisitions. We are delivering in each of these areas. In our core platforms, Logix grew 10 percent and Process grew 8 percent this quarter. Revenue from the new value of The Connected Enterprise again grew double digits. Our strategic partnership with PTC creates the most comprehensive and flexible information software offering in the industry. This will unlock new levels of productivity at our customers and accelerate our profitable growth."