Rockwell Automation reiterates fiscal '09 outlook

Rockwell Automation still expects to earn $1.40-$1.70 per share for fiscal 2009

• On 7:41 am EDT, Wednesday September 16, 2009

MILWAUKEE (AP) -- Rockwell Automation Inc., which makes products that help factories run more smoothly, on Wednesday affirmed its guidance for fiscal 2009, which ends this month.

Excluding possible restructuring charges that may be booked in the current quarter, Rockwell expects earnings per share of $1.40 to $1.70.

Analysts polled by Thomson Reuters expect, on average, a profit of $1.59 per share. Their estimates typically exclude such one-time items as restructuring charges.

Milwaukee-based Rockwell makes devices and software used to automate machinery in the food and beverage, automotive, oil and gas and other markets. The company's shares closed at $44.06 on Tuesday and were not yet active in premarket trading this morning.