Rockwell Automation, Inc. (NYSE:ROK) shares are trading lower after it reported second-quarter results and cut its FY24 outlook. Sales fell 6.6% Y/Y to $2.13 billion, beating the consensus of $2.06 billion. Organic sales decreased by 8.1% in the quarter. Segment Details: Intelligent Devices sales declined 4.9% Y/Y to $974 million, Software & Control fell 23.1% Y/Y to $570 million, and Lifecycle Services climbed 14.0% Y/Y to $583 million. Total ARR grew 20%, and organic ARR rose 17% Y/Y in the quarter. Total segment operating earnings were $404 million in the second quarter of fiscal 2024, down 16.5% Y/Y. Total segment operating margin was 19.0% compared to 21.3% a year ago. Adjusted EPS was $2.50, beating the analyst consensus of $2.16. The company held $470.3 ...