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Industrial Goods | Industrial Electrical Equipment | USA
Emerson Reports First Quarter 2019 Results And Raises Full Year Guidance
Emerson (NYSE: EMR) today reported results for the first quarter ended December 31, 2018.
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GAAP earnings per share were $0.74 in the quarter, up 21 percent compared with the prior year. First quarter operating cash flow was down $124 million to $323 million, due mainly to timing of accounts payable and accruals, which is expected to reverse this fiscal year. Capital expenditures of $155 million were up $59 million, due to the timing of several previously announced facility expansions and upgrades to support growth and productivity programs in the U.S., China and Southeast Asia. Free cash flow was $168 million, down $183 million.
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https://www.thestreet.com/press-releases...e-14855402
![[Bild: EMRc1dl1513.png]](https://finviz.com/publish/020519/EMRc1dl1513.png)
Emerson Reports First Quarter 2019 Results And Raises Full Year Guidance
Emerson (NYSE: EMR) today reported results for the first quarter ended December 31, 2018.
...
GAAP earnings per share were $0.74 in the quarter, up 21 percent compared with the prior year. First quarter operating cash flow was down $124 million to $323 million, due mainly to timing of accounts payable and accruals, which is expected to reverse this fiscal year. Capital expenditures of $155 million were up $59 million, due to the timing of several previously announced facility expansions and upgrades to support growth and productivity programs in the U.S., China and Southeast Asia. Free cash flow was $168 million, down $183 million.
...
https://www.thestreet.com/press-releases...e-14855402
