Rockwell Automation Inc. said its normalized net income for the fiscal first quarter ended Dec. 31, 2014, amounted to $1.31 per share, compared with the S&P Capital IQ consensus estimate of $1.49 per share.
EPS rose 8.1% year over year from $1.21.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $179.7 million, a gain of 5.4% from $170.5 million in the year-earlier period.
The normalized profit margin climbed to 11.4% from 10.7% in the year-earlier period.
Total revenue fell year over year to $1.57 billion from $1.59 billion, and total operating expenses declined year over year to $1.27 billion from $1.31 billion.
Reported net income grew 7.9% year over year to $213.6 million, or $1.56 per share, from $198.0 million, or $1.41 per share.
