Emerson (EMR) to Report Q1 Earnings: Is a Beat in Store?

Emerson Electric Co. (EMR) is likely to witness top and bottom-line growth when it reports first-quarter fiscal 2024 (ended Dec 31, 2023) results on Feb 7, before market open. The Zacks Consensus Estimate for revenues is pegged at $3.9 billion, indicating growth of 15.4% from the prior-year quarter’s reported figure.The consensus mark for earnings is pinned at $1.04 per share, which has remained stable in the past 60 days. The figure indicates a jump of 33.3% from that reported in the prior-year quarter. Th ...