Rockwell Automation jumps after raising 2025 profit forecast

Rockwell Automation

07/05/2025 13:07

** Rockwell Automation's ROK.N shares rise 9% to $275 premarket

** Company raises 2025 profit forecast banking on stronger margins and demand for automation products

** ROK expects annual adj profit/share to be between $9.20 and $10.20, up from its prior expectation range of $8.60 to $9.80

** Company posts Q2 adj profit of $2.45 per share vs est $2.09/share, according to data compiled by LSEG

** Q2 sales fall nearly 6% to about $2 bln, vs est $1.96 bln

** 13 of 29 brokerages rate the stock "buy" or higher, 13 "hold" and 3 "sell"; median PT $275

** As of last close, stock down 11.5% YTD

(Reporting by Apratim Sarkar)

((Apratim.Sarkar@thomsonreuters.com))