Wall Street has been maintaining its dream run in 2024 after an impressive 2023. Year to date, the broad-market index — the S&P 500 — is up 8.3% after rallying 23.9% in 2023. Wall Street’s benchmark has posted several all-time highs on both an intraday and a closing basis so far this year. The latest was on Mar 1, as the index closed at 5,137.08 after hitting an intraday high of 5,140.33.Of the 11 broad sectors of the S&P 500 Index, the best-performing sector was Industrials, which advanced 7.2% in February ...

Advanced software-defined automation architecture to integrate intelligent field, edge and cloud, unlocking a new era of productivityGlobal automation leaders convene to learn about Boundless Automation at Emerson Exchange in Düsseldorf DÜSSELDORF, Germany, Feb. 27, 2024 /PRNewswire/ -- Building on its innovation leadership, global technology and software company Emerson (NYSE: EMR) is poised to transform industrial manufacturing with the next-generation automation architecture designed to break down data s ...

Unless a significant portion of today’s factories and industrialist giants are still operating under technology from the Industrial Revolution, today’s global manufacturing and industrial value chain relies on technology to operate and meet the demands of their businesses and customers. That simple fact of reality is inviting you into a massive opportunity ahead. Of course, we are talking about robotics stocks. Now that the FED is proposing to cut interest rates this year, there are additional reasons for y ...

Emerson Electric Co. (NYSE:EMR) Citi’s 2024 Global Industrial Tech and Mobility Conference February 20, 2024 9:40 AM ET Company Participants Lal Karsanbhai - President and CEO Mike Baughman - EVP and CFO Colleen Mettler - VP of Investor Relations Conference Call Participants Andy Kaplowitz - Citigroup Andy Kaplowitz All right. We're going to get started again. Thank you for joining us. We are really excited to have Emerson with us today. We've got Lal Karsanbhai, who is the President and CEO. Lal started in ...

Emerson Electric Co. (NYSE:EMR) Citi’s 2024 Global Industrial Tech and Mobility Conference February 20, 2024 9:40 AM ET Company Participants Lal Karsanbhai - President and CEO Mike Baughman - EVP and CFO Colleen Mettler - VP of Investor Relations Conference Call Participants Andy Kaplowitz - Citigroup Andy Kaplowitz All right. We're going to get started again. Thank you for joining us. We are really excited to have Emerson with us today. We've got Lal Karsanbhai, who is the President and CEO. Lal started in ...

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Emerson Electric (EMR) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Industrial Products peers, we might be able to answer that question.Emerson Electric is one of 227 individual stocks in the I ...

Emerson Electric Co. (EMR) reported first-quarter fiscal 2024 (ended Dec 31, 2023) adjusted earnings of $1.22 per share, which beat the Zacks Consensus Estimate of $1.04. The bottom line increased 56.4% from the year-ago quarter's level. Emerson’s net sales of $4.1 billion beat the consensus estimate of $3.9 billion. The top line increased 22.1% year over year, driven by solid segmental performance. The underlying sales were up 10% as well.Segmental DetailsEffective from the fiscal first quarter of 2023, th ...

For the quarter ended December 2023, Emerson Electric (EMR) reported revenue of $4.12 billion, up 22.1% over the same period last year. EPS came in at $1.22, compared to $0.78 in the year-ago quarter.The reported revenue represents a surprise of +5.77% over the Zacks Consensus Estimate of $3.89 billion. With the consensus EPS estimate being $1.04, the EPS surprise was +17.31%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determin ...

Emerson Electric (EMR) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 17.31%. A quarter ago, it was expected that this maker of process controls systems, valves and analytical instruments would post earnings of $1.30 per share when it actually produced earnings of $1.29, delivering ...

Good morning, and welcome to the Emerson First Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode. Should you need assistance, please signal a conference specialist by pressing the star key, followed by zero. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press star, then one on your telephone keypad. To withdraw a question, please press star, then two. Please note this event is being recorded. I would now like to turn ...