The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Emerson Electric (EMR) .Emerson Electric currently has an average ...

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 March 31, 2024 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 charter ...

Emerson Electric Co. (EMR) reported second-quarter fiscal 2024 (ended Mar 31, 2024) adjusted earnings of $1.36 per share, which beat the Zacks Consensus Estimate of $1.26. The bottom line increased 25% year over year.Emerson’s net sales of $4.38 billion beat the consensus estimate of $4.29 billion. The top line increased 17% year over year, driven by a solid segmental performance. The underlying sales were up 8% year over year.Segmental DetailsEffective from the first quarter of fiscal 2023, the company sta ...

Emerson Electric Co. (NYSE:EMR) Q2 2024 Earnings Conference Call May 8, 2024 9:00 AM ET Company Participants Colleen Mettler - Vice President, Investor Relations Lal Karsanbhai - President & Chief Executive Officer Mike Baughman - Chief Financial Officer Ram Krishnan - Chief Operating Officer Conference Call Participants Scott Davis - Melius Research Nigel Coe - Wolfe Research Andy Kaplowitz - Citigroup Deane Dray - RBC Capital Markets Steve Tusa - JPMorgan Joe O'Dea - Wells Fargo Brett Linzey - Mizuho Juli ...

2024 Q2 Emerson Earnings ...

For the quarter ended March 2024, Emerson Electric (EMR) reported revenue of $4.38 billion, up 16.5% over the same period last year. EPS came in at $1.36, compared to $1.09 in the year-ago quarter.The reported revenue represents a surprise of +2.02% over the Zacks Consensus Estimate of $4.29 billion. With the consensus EPS estimate being $1.26, the EPS surprise was +7.94%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

Emerson Electric (EMR) came out with quarterly earnings of $1.36 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.94%. A quarter ago, it was expected that this maker of process controls systems, valves and analytical instruments would post earnings of $1.04 per share when it actually produced earnings of $1.22, delivering a ...

Exhibit 99.1 Emerson Reports Second Quarter 2024 Results; Updates 2024 Outlook ST. LOUIS (May 8, 2024) - Emerson (NYSE: EMR) today reported results1 for its second quarter ended March 31, 2024 and updated its full year outlook for fiscal 2024. Emerson also declared a quarterly cash dividend of $0.525 per share of common stock payable June 10, 2024 to stockholders of record on May 17, 2024. (dollars in millions, except per share) 2023 Q2 2024 Q2 Change Underlying Orders2 (1)% Net Sales $3,756 $4,376 17% Unde ...

Emerson Electric Co. (EMR) is likely to witness top and bottom-line growth when it reports second-quarter fiscal 2024 (ended Mar 31, 2024) results on May 8, before market open. The Zacks Consensus Estimate for revenues is pegged at $4.3 billion, indicating growth of 14.2% from the prior-year quarter’s reported figure.The consensus mark for earnings is pinned at $1.26 per share, which has increased by a penny in the past 60 days. The figure indicates a jump of 15.6% from the prior-year reported figure. The c ...

Two-day event demonstrates the latest in test excellence AUSTIN, Texas, May 6, 2024 /PRNewswire/ -- Emerson's (NYSE: EMR) Test and Measurement business, formerly NI, today announced its premier NI Connect event will showcase the latest in intelligent NI test and measurement technologies driving innovation and enhancing business performance. The event for test and measurement customers and business and technology leaders runs May 21-22 in Austin, Texas. "We will have a full lineup of keynote speakers who wil ...