Emerson Electric (EMR) Beats Q1 Earnings and Revenue Estimates

Emerson Electric (EMR) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 17.31%. A quarter ago, it was expected that this maker of process controls systems, valves and analytical instruments would post earnings of $1.30 per share when it actually produced earnings of $1.29, delivering ...