Emerson Q4 Earnings Beat, Intelligent Devices Sales Rise Y/Y

Emerson Electric Co. (EMR) reported fourth-quarter fiscal 2024 (ended Sept. 30, 2024) adjusted earnings of $1.48 per share, which beat the Zacks Consensus Estimate of$1.47. The bottom line increased 15% year over year.Emerson’s net sales of $4.62 billion beat the consensus estimate of$4.57 billion. The top line increased 13% year over year, driven by solid performance of the Intelligent Devices segment. The underlying sales were up 4% year over year.Stay up-to-date with all quarterly releases: See Zacks E ...