Rockwell Automation Reports 1st Quarter 2023 Results

The following information was recently announced in the Rockwell Automation Q1 FY23 results press release:   

  • Reported sales up 6.7% year over year; organic sales up 9.9% year over year 

  • Currency reduced sales (4.0)% 

  • Acquisitions contributed 0.8% 

  • Organic ARR up 14% 

  • Diluted EPS of $3.31 and adjusted EPS of $2.46; up 61% and 15% year over year, respectively 

  • Updates fiscal 2023 reported sales growth guidance to 10.0% - 14.0%; organic sales growth to 11.0% - 15.0% 

  • Updates fiscal 2023 diluted EPS guidance to $10.99 - $11.79; Adjusted EPS guidance to $10.70 - $11.50 

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