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Emerson's (EMR) Q1 Earnings Meet Estimates, Decrease Y/Y
Emerson Electric Co. EMR first-quarter fiscal 2020 (ended Dec 31, 2019) earnings of 67 cents per share came in line with the Zacks Consensus Estimate. Notably, the company’s earnings had matched estimates in the last reported quarter as well. On a year-over-year basis, the bottom line decreased 9.5% from 74 cents.
Organic Sales and Acquired Assets Drive Revenues
Emerson’s revenues were $4,151 million in the quarter, reflecting marginal growth of 0.1% from the year-ago quarter. Underlying sales were flat. Acquired assets boosted sales by 1% but forex woes had a 1% adverse impact.
However, the top line lagged the Zacks Consensus Estimate of $4,166 million.
...
https://finance.yahoo.com/news/emersons-...05319.html
![[Bild: EMRc1dl1553.png]](https://finviz.com/publish/020520/EMRc1dl1553.png)
Emerson Electric Co. EMR first-quarter fiscal 2020 (ended Dec 31, 2019) earnings of 67 cents per share came in line with the Zacks Consensus Estimate. Notably, the company’s earnings had matched estimates in the last reported quarter as well. On a year-over-year basis, the bottom line decreased 9.5% from 74 cents.
Organic Sales and Acquired Assets Drive Revenues
Emerson’s revenues were $4,151 million in the quarter, reflecting marginal growth of 0.1% from the year-ago quarter. Underlying sales were flat. Acquired assets boosted sales by 1% but forex woes had a 1% adverse impact.
However, the top line lagged the Zacks Consensus Estimate of $4,166 million.
...
https://finance.yahoo.com/news/emersons-...05319.html
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