Rockwell Automation Inc

ROK: XNYS (USA)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$641.00KhyDcqlmfzbh

Rockwell Earnings: Order Growth Slower Than Expected; Cost Savings to Support Margins

Wide-moat-rated Rockwell continues to navigate through sluggish end markets. Indeed, management said discrete sales were down by a high-single-digit percentage year over year due to weaker demand across the automotive and semiconductor industries. Automakers have delayed electric vehicle programs amid lower-than-expected adoption rates, and semiconductor manufacturers face uncertainty regarding Chips and Science Act disbursements. Hybrid sales were down by a midteens percentage because of weaker demand from food and beverage and life sciences customers.

Sponsor Center