Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Emerson Electric (EMR) , which belongs to the Zacks Manufacturing - Electronics industry, could be a great candidate to consider.This maker of process controls systems, valves and analytical instruments has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarte ...

Company Performance - Emerson Electric closed at $133.67, with a daily increase of +1.23%, outperforming the S&P 500 which gained 0.3% [1] - Over the past month, Emerson's shares decreased by 0.68%, while the Industrial Products sector saw a slight decline of 0.06% and the S&P 500 increased by 2.09% [1] Earnings Expectations - Analysts anticipate Emerson Electric will report an EPS of $1.62, reflecting a 9.46% increase year-over-year [2] - The expected quarterly revenue is $4.9 billion, which represents a 6.05% increase compared to the same period last year [2] Full Year Projections - For the full year, earnings are projected at $6 per share and revenue at $18.06 billion, indicating increases of +9.29% and +3.27% respectively from the previous year [3] - Recent modifications to analyst estimates suggest a positive outlook for the company's business and profitability [3] Stock Performance and Valuation - The Zacks Rank system indicates Emerson Electric holds a rank of 3 (Hold), with a recent 0.14% increase in the consensus EPS estimate over the last 30 days [5] - The company has a Forward P/E ratio of 22, which is lower than the industry average of 23.93, and a PEG ratio of 2.57 compared to the industry average of 1.83 [6] Industry Context - The Manufacturing - Electronics industry, part of the Industrial Products sector, has a Zacks Industry Rank of 95, placing it in the top 39% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Core Viewpoint - Emerson Electric has gained attention as a trending stock, with a notable performance compared to the broader market and its industry [1][2]. Earnings Estimates - For the current quarter, Emerson Electric is expected to report earnings of $1.51 per share, reflecting a year-over-year increase of +5.6% [5]. - The consensus earnings estimate for the current fiscal year stands at $6.01, indicating a +9.5% change from the previous year [5]. - For the next fiscal year, the earnings estimate is $6.45, which represents a +7.5% increase compared to the prior year [6]. - The Zacks Rank for Emerson Electric is 2 (Buy), suggesting a positive outlook based on recent earnings estimate revisions [7]. Revenue Growth - The consensus sales estimate for the current quarter is $4.57 billion, showing a year-over-year increase of +4.4% [11]. - For the current fiscal year, the revenue estimate is $18.07 billion, indicating a +3.3% change, while the next fiscal year's estimate is $18.89 billion, reflecting a +4.5% change [11]. Recent Performance - In the last reported quarter, Emerson Electric achieved revenues of $4.43 billion, a +1.3% increase year-over-year, and an EPS of $1.48, up from $1.36 a year ago [12]. - The company exceeded consensus revenue estimates twice in the last four quarters and beat EPS estimates in all four quarters [13]. Valuation - Emerson Electric has a Zacks Value Style Score of C, indicating that it is trading at par with its peers [17].