Rockwell Automation Inc. said its normalized net income for the fiscal second quarter ended March 31 amounted to $1.10 per share, compared with the S&P Capital IQ consensus estimate of $1.40 per share.
EPS climbed 6.9% year over year from $1.03.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $143.9 million, an increase of 6.1% from $135.6 million in the prior-year period.
The normalized profit margin declined to 9.3% from 9.4% in the year-earlier period.
Total revenue climbed 7.9% year over year to $1.55 billion from $1.44 billion, and total operating expenses grew 8.2% from the prior-year period to $1.30 billion from $1.21 billion.
Reported net income grew 12.4% on an annual basis to $188.9 million, or $1.45 per share, from $168.1 million, or $1.28 per share.
