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Rockwell raises annual profit forecast on automation demand
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Rockwell raises annual profit forecast on automation demand
Aug 6, 2025 5:36 AM

Aug 6 (Reuters) - Rockwell Automation ( ROK ) raised the

lower end of its annual profit forecast, banking on demand for

automation services coupled with cost-saving measures.

Automation demand remains strong among U.S. companies across

sectors, as they revamp their factory floors to help with labor

shortages.

In May, Rockwell said it would offset existing and

additional tariff costs through pricing and supply chain

actions.

Peer Emerson Electric ( EMR ) also said it expected a

slightly stronger annual profit.

Rockwell now expects its annual adjusted profit per share to

be in the range of $9.80 to $10.20, compared to the prior

expectation of $9.20 to $10.20.

On an adjusted basis, Rockwell's third-quarter profit per

share rose to $2.82, compared with $2.71 a year earlier.

Analysts on average expected the company to report a profit of

$2.67 per share, according to data compiled by LSEG.

Overall, quarterly revenue rose about 4.5% to $2.14 billion.

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