ST. LOUIS, Aug. 7, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its third quarter ended June 30, 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 September 10, 2024 to stockholders of record on August 16, 2024. (dollars in millions, except per share) 2023 Q3 2024 Q3 Change Underlying Orders2 3 % Net Sales $3,946 $4,380 11 % Underlying Sales3 3 % Pretax ...

The upcoming report from Emerson Electric (EMR) is expected to reveal quarterly earnings of $1.42 per share, indicating an increase of 10.1% compared to the year-ago period. Analysts forecast revenues of $4.45 billion, representing an increase of 12.8% year over year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a ...

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Ovation Automation Platform with GenAI will empower workforce, optimize operations PITTSBURGH, July 29, 2024 /PRNewswire/ -- As part of its release of the Ovation™ 4.0 Automation Platform, global automation and technology leader Emerson (NYSE: EMR) is delivering transformative generative artificial intelligence (GenAI) that will enhance data to inform decisions, helping power and water companies accelerate growth, improve efficiencies and drive more predictive, reliable and resilient performance to their op ...

In the latest trading session, Emerson Electric (EMR) closed at $116.84, marking a +1.96% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 1.11% for the day. Meanwhile, the Dow experienced a rise of 1.64%, and the technology-dominated Nasdaq saw an increase of 1.03%.The maker of process controls systems, valves and analytical instruments's shares have seen an increase of 5.82% over the last month, surpassing the Industrial Products sector's gain of 2.95% and the S&P 500 ...

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Core Viewpoint - Emerson Electric has shown strong stock performance recently, with a return of +7.8% over the past month, outperforming the S&P 500 composite's +2% and the Zacks Manufacturing - Electronics industry's +1% [1] Earnings Estimate Revisions - The current quarter's earnings estimate for Emerson Electric is $1.42 per share, reflecting a +10.1% change year-over-year, with a slight decrease of -0.2% in the consensus estimate over the last 30 days [3] - The consensus earnings estimate for the current fiscal year is $5.47, indicating a +23.2% year-over-year change, with a minor increase of +0.1% over the last 30 days [3] - For the next fiscal year, the earnings estimate is $5.93, showing an +8.4% change from the previous year, with no change in the estimate over the past month [3] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $4.45 billion, indicating a +12.8% year-over-year change [5] - For the current fiscal year, the sales estimate is $17.58 billion, reflecting a +15.9% change, while the next fiscal year's estimate is $18.29 billion, indicating a +4.1% change [5] Last Reported Results and Surprise History - In the last reported quarter, Emerson Electric achieved revenues of $4.38 billion, a +16.5% year-over-year increase, and an EPS of $1.36 compared to $1.09 a year ago [6] - The reported revenues exceeded the Zacks Consensus Estimate of $4.29 billion by +2.02%, and the EPS surpassed estimates by +7.94% [6] - Over the last four quarters, Emerson Electric has surpassed consensus EPS estimates three times and revenue estimates three times [7] Valuation - Emerson Electric's valuation is assessed through various multiples, including price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to determine if the stock is fairly valued, overvalued, or undervalued [8] - The Zacks Value Style Score grades Emerson Electric as C, indicating it is trading at par with its peers [9] Conclusion - The information suggests that Emerson Electric may outperform the broader market in the near term, supported by its Zacks Rank 2 [10]

Core Insights - Emerson is enhancing its Ovation™ Automation Platform with a software-defined architecture to improve data utilization and operational excellence in the power and water industries [1][2][3] - The Ovation 4.0 release provides a unified technology ecosystem that makes data accessible for analytics and performance improvement, addressing the challenges of energy transition and sustainability [2][4] - The platform integrates advanced automation, simulation, and AI capabilities to optimize operations and enhance reliability, safety, and sustainability [3][5] Industry Impact - The modernization of power and water operations through Ovation 4.0 will enable utilities to adopt predictive strategies and manage complex portfolios of distributed energy resources (DERs) [4][5] - The platform supports real-time, bidirectional data management across various energy sources, improving load and demand management [4][6] - Emerson's solutions portfolio, including advanced machine learning technologies, aims to future-proof utilities and enhance operational efficiency [5][6] Technological Advancements - Ovation 4.0 features generative AI models and digital twin technology to provide prescriptive guidance and data-driven decision-making capabilities [6] - The Guardian™ digital customer experience will support all Ovation 4.0 technologies, offering real-time monitoring and actionable insights [6][7] - The integration of the Ovation View Human Machine Interface and renewable supervisory control enhances operational awareness and reduces costs while improving safety and reliability [5][6]

Emerson Electric (EMR) closed at $115.68 in the latest trading session, marking a -0.74% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.71%. Meanwhile, the Dow lost 0.93%, and the Nasdaq, a tech-heavy index, lost 0.81%.Coming into today, shares of the maker of process controls systems, valves and analytical instruments had gained 7.77% in the past month. In that same time, the Industrial Products sector gained 2.91%, while the S&P 500 gained 1.08%.The investment comm ...

Emerson Electric (EMR) closed the latest trading day at $116.54, indicating a -1.45% change from the previous session's end. This change lagged the S&P 500's 0.78% loss on the day. Meanwhile, the Dow lost 1.29%, and the Nasdaq, a tech-heavy index, lost 0.7%.Shares of the maker of process controls systems, valves and analytical instruments have appreciated by 8.81% over the course of the past month, outperforming the Industrial Products sector's gain of 4.21% and the S&P 500's gain of 2.14%.The investment co ...