Emerson(EMR)
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Compared to Estimates, Emerson Electric (EMR) Q1 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-07 15:47
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) Beats Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-07 14:05
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 ...
Emerson(EMR) - 2024 Q1 - Earnings Call Transcript
2024-02-07 14:00
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 ...
Emerson(EMR) - 2024 Q1 - Quarterly Report
2024-02-06 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ______________________ FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________________ to __________________ Commission file number 1-278 EMERSON ELECTRIC CO. (Exact name of registrant as specified in its char ...
Emerson (EMR) to Report Q1 Earnings: Is a Beat in Store?
Zacks Investment Research· 2024-02-05 15:31
Emerson Electric Co. (EMR) is likely to witness top and bottom-line growth when it reports first-quarter fiscal 2024 (ended Dec 31, 2023) results on Feb 7, before market open. The Zacks Consensus Estimate for revenues is pegged at $3.9 billion, indicating growth of 15.4% from the prior-year quarter’s reported figure.The consensus mark for earnings is pinned at $1.04 per share, which has remained stable in the past 60 days. The figure indicates a jump of 33.3% from that reported in the prior-year quarter. Th ...
Emerson Electric Is A Buy For A Future Of Industrial Automation
Seeking Alpha· 2024-02-05 06:54
NurPhoto/NurPhoto via Getty ImagesIntroduction The industrial sector, particularly automation and process control, garners significant attention in today's market. Investors and industry analysts closely monitor this sector for its resilience and innovation in an era of technological advancement and changing market dynamics. Automation, a critical component of modern industry, enhances efficiency and productivity across various sectors. Companies that excel in this domain contribute to industrial evolut ...
Emerson Electric (EMR) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-01-31 16:05
Emerson Electric (EMR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on February 7, 2024, might help the stock move higher if these key numbers are better ...
Emerson Electric (EMR) Suffers a Larger Drop Than the General Market: Key Insights
Zacks Investment Research· 2024-01-31 00:21
In the latest market close, Emerson Electric (EMR) reached $94.75, with a -0.27% movement compared to the previous day. The stock's performance was behind the S&P 500's daily loss of 0.06%. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq lost 0.76%.Heading into today, shares of the maker of process controls systems, valves and analytical instruments had lost 2.38% over the past month, lagging the Industrial Products sector's gain of 0.15% and the S&P 500's gain of 3.36% in that time.The investm ...
Eaton stock is your best bet manufacturing come the new cycle
MarketBeat· 2024-01-29 12:37
Key PointsThe manufacturing industry could be setting up for a bullish breakout; even Goldman Sachs agrees on it.Within the space, a particular set of stocks will be relied upon for these projections to prove correct.Markets and analysts have picked their favorite off this list; here is why it might work for you, too.5 stocks we like better than The Goldman Sachs GroupEvery once in a while, stocks get too expensive or too cheap. As the market is a rough estimate of how the underlying United States economy i ...
Emerson Electric (EMR) Stock Sinks As Market Gains: Here's Why
Zacks Investment Research· 2024-01-25 00:16
The latest trading session saw Emerson Electric (EMR) ending at $94.39, denoting a -1.45% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.08% for the day. Elsewhere, the Dow lost 0.26%, while the tech-heavy Nasdaq added 0.36%.The the stock of maker of process controls systems, valves and analytical instruments has fallen by 1.78% in the past month, lagging the Industrial Products sector's loss of 0.83% and the S&P 500's gain of 2.4%.Analysts and invest ...