Emerson Electric (EMR) Q1 Earnings Surpass Estimates

Core Viewpoint - Emerson Electric reported quarterly earnings of $1.38 per share, exceeding the Zacks Consensus Estimate of $1.28 per share, and showing an increase from $1.22 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was 7.81%, with the company having surpassed consensus EPS estimates in all four of the last quarters [2] - Revenues for the quarter were $4.18 billion, slightly missing the Zacks Consensus Estimate by 0.91%, but up from $4.12 billion year-over-year [3] - The company has topped consensus revenue estimates two times over the last four quarters [3] Stock Performance - Emerson Electric shares have increased approximately 3% since the beginning of the year, outperforming the S&P 500's gain of 2.7% [4] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $1.43 for the coming quarter and $5.91 for the current fiscal year, with revenues expected to be $4.45 billion and $18.06 billion respectively [8] - The estimate revisions trend for Emerson Electric is currently mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [7] Industry Context - The Manufacturing - Electronics industry, to which Emerson Electric belongs, is currently in the top 33% of over 250 Zacks industries, suggesting a favorable environment for stock performance [9]