It has been about a month since the last earnings report for Emerson Electric (EMR) . Shares have added about 7.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Emerson Electric due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Emerson Q1 Earnings Beat Estimates, ...

Emerson Electric Co. (EMR) is thriving on the back of healthy demand across end markets and accretive acquisitions. Also, the company’s shareholder-friendly policies are encouraging.Let’s delve into the factors that make this current Zacks Rank #2 (Buy) company a smart investment choice at the moment.Business Strength: Emerson has been experiencing healthy demand across most of its end markets. Solid demand in the process and hybrid markets is boosting underlying orders. The company anticipates sales in the ...

Emerson Electric (EMR) ended the recent trading session at $110.28, demonstrating a +0.44% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 1.03%. Meanwhile, the Dow experienced a rise of 0.34%, and the technology-dominated Nasdaq saw an increase of 1.51%.Coming into today, shares of the maker of process controls systems, valves and analytical instruments had gained 5.49% in the past month. In that same time, the Industrial Products sector gained ...

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 ...

Financial Performance - Emerson Electric Co reported Q1 fiscal 2024 adjusted earnings of $1 22 per share beating the Zacks Consensus Estimate of $1 04 and showing a 56 4% increase from the year-ago quarter [1] - Net sales for Q1 fiscal 2024 were $4 1 billion surpassing the consensus estimate of $3 9 billion and marking a 22 1% year-over-year increase with underlying sales up 10% [1] Segmental Performance - The Intelligent Devices segment reported net sales of $2 8 billion an 11% year-over-year increase with Final Control revenues at $940 million Measurement & Analytical at $947 million Discrete Automation at $613 million and Safety & Productivity at $322 million [2] - The Software and Control Automation Solutions segment generated net sales of $1 31 billion a 3% year-over-year increase with Control Systems & Software revenues at $675 million AspenTech at $257 million and Test & Measurement at $382 million [3] Margins and Expenses - Cost of sales increased 25 6% year over year to $2 2 billion while the pre-tax earnings margin was 3 4% compared to 12 5% in the year-ago quarter Adjusted EBITA margin improved to 23 4% from 19 7% [4] - Selling general and administrative expenses rose 24% to $1 3 billion [4] Balance Sheet and Cash Flow - Cash and cash equivalents stood at $2 1 billion at the end of Q1 fiscal 2024 down from $8 1 billion at the end of fiscal 2023 Long-term debt was $7 63 billion [5] - Net cash from operating activities was $415 million a 0 7% decrease from the year-ago period Capital expenditure increased to $77 million from $59 million [5] - The company paid dividends of $300 million and repurchased common stocks worth $175 million [5] Outlook - For Q2 fiscal 2024 Emerson anticipates net sales growth of 12 5-14 5% and underlying sales growth of 3 5-5 5% with earnings per share expected to be 68-72 cents and adjusted earnings per share of $1 22-$1 26 [6][7] - For fiscal 2024 the company raised its net sales growth outlook to 14 5-17% and underlying sales growth to 4 5-6 5% Adjusted earnings per share are estimated at $5 30-$5 45 with operating cash flow expected to be $3 0-$3 1 billion and free cash flow at $2 6-$2 7 billion [8] Industry Performance - Tetra Tech Inc reported Q1 fiscal 2024 adjusted earnings of $1 40 per share surpassing the Zacks Consensus Estimate of $1 35 with adjusted revenues of $1 2 billion a 37 3% year-over-year increase [9] - A O Smith Corporation reported Q4 2023 adjusted earnings of 97 cents per share beating the Zacks Consensus Estimate of 96 cents with net sales of $988 1 million a 5 6% year-over-year increase [10] - Illinois Tool Works Inc reported Q4 2023 adjusted earnings of $2 42 per share surpassing the Zacks Consensus Estimate of $2 40 with revenues of $3 98 billion a 0 3% year-over-year increase [10]