Rockwell Automation, Inc. (NYSE:ROK) stock plunged on Wednesday after it reported its third quarter fiscal 2025 results, delivering revenue and adjusted earnings per share ahead of analyst expectations.

The company posted adjusted EPS of $2.82, beating the consensus estimate of $2.66. Total sales were $2.144 billion, up 5% from $2.051 billion in the prior year, exceeding the $2.07 billion estimate.

GAAP diluted EPS was $2.60, an increase of 29% year over year. Annual recurring revenue (ARR) grew 7% year over year, while the book-to-bill ratio remained at approximately 1.0, in line with historical norms.

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Intelligent Devices segment sales were $968 million, up 1% year over year on an organic basis. Segment operating margin was 18.8%, down from 20.2% in the prior year, driven by higher compensation and unfavorable currency, partially offset by productivity and price realization.

Software & …

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