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]
Emerson Electric Co. (EMR) is Attracting Investor Attention: Here is What You Should Know