Emerson Electric (EMR) Tops Q2 Earnings and Revenue Estimates

Emerson Electric (EMR) came out with quarterly earnings of $1.36 per share, beating the Zacks Consensus Estimate of$ 1.26 per share. This compares to earnings of $1.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.94%. A quarter ago, it was expected that this maker of process controls systems, valves and analytical instruments would post earnings of$ 1.04 per share when it actually produced earnings of $1.22, delivering a ...