Rockwell Automation raises 2026 profit forecast on strong industrial demand - BNN Bloomberg
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Article Excerpt
Rockwell Automation raised its annual profit forecast on Tuesday, citing steady industrial demand and ongoing cost-saving measures to support growth and margins, after also beating quarterly estimates.
Latest updates on company news here
CEO Blake Moret said continued strength in semiconductor, data center, and warehouse automation, as well as improving activity in automotive and life sciences, drove growth across the business.
Institute for Supply Management’s manufacturing PMI stood at 53.3 in June, down from 54 in May but still above the 50 threshold that signals expansion, supporting sp…
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Aug 4, 2026