Rockwell Automation (NYSE: ROK) is expected to report Q2 earnings on April 24. Here's what Wall Street wants to see:

The 10-second takeaway
 Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Rockwell Automation's revenues will increase 1.9% and EPS will grow 11.2%.

The average estimate for revenue is $1.59 billion. On the bottom line, the average EPS estimate is $1.29.

Revenue details
 Last quarter, Rockwell Automation logged revenue of $1.49 billion. GAAP reported sales were 1.0% higher than the prior-year quarter's $1.47 billion.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.

EPS details
 Last quarter, non-GAAP EPS came in at $1.23. GAAP EPS of $1.14 for Q1 were 10% lower than the prior-year quarter's $1.27 per share.

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.

Recent performance
 For the preceding quarter, gross margin was 40.8%, 120 basis points worse than the prior-year quarter. Operating margin was 15.7%, 170 basis points worse than the prior-year quarter. Net margin was 10.8%, 160 basis points worse than the prior-year quarter.

Looking ahead

The full year's average estimate for revenue is $6.54 billion. The average EPS estimate is $5.53.

Investor sentiment

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Rockwell Automation is hold, with an average price target of $85.00.

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