Rockwell Automation shares plummeted 8.34% in intraday trading, following the release of its fiscal third-quarter 2026 results and full-year outlook.
The company reported Q3 sales of $2.31 billion, exceeding the IBES estimate of $2.25 billion, and adjusted earnings per share of $3.49, which beat the $3.38 consensus. However, the full-year guidance appeared to weigh on sentiment. Rockwell Automation provided a fiscal 2026 adjusted EPS range of $13.00 to $13.30, compared to a FactSet estimate of $13.03. The company also projected organic growth and revenue growth of 7.5% to 9.5%.
Despite the top- and bottom-line beats, the stock’s sharp decline suggests that investors may have been disappointed by the earnings guidance or the broader demand outlook, overshadowing the solid quarterly performance.