Emerson Electric

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

Emerson (EMR) Meets Q2 Earnings Estimates, Lowers FY19 View

Emerson Electric Co. EMR reported in-line results for the second quarter of fiscal 2019 (ended Mar 31, 2019). This came in after the company recorded earnings beat of 12.12% in the last reported quarter.

Earnings in the quarter under review were 84 cents per share, in line with the Zacks Consensus Estimate. However, on a year-over-year basis, the bottom line increased 10.5% from the year-ago figure of 76 cents on the back of healthy sales growth, improvement in operating margin and 2.8% fall in share count.

Organic Sales and Acquired Assets Drive Revenues

Emerson’s revenues were $4,570 million in the quarter under review, reflecting growth of 7.6% from the year-ago quarter. 

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https://finance.yahoo.com/news/emerson-e...02640.html

Emerson Electric (EMR) Q3 Earnings Meet Estimates

Emerson Electric (EMR) came out with quarterly earnings of $0.94 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.

A quarter ago, it was expected that this maker of process controls systems, valves and analytical instruments would post earnings of $0.84 per share when it actually produced earnings of $0.84, delivering no surprise.

Over the last four quarters, the company has surpassed consensus EPS estimates just once.

Emerson Electric, which belongs to the Zacks Manufacturing - Electronics industry, posted revenues of $4.68 billion for the quarter ended June 2019, missing the Zacks Consensus Estimate by 2.70%. This compares to year-ago revenues of $4.46 billion.


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https://finance.yahoo.com/news/emerson-e...12984.html

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.


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https://finance.yahoo.com/news/emersons-...05319.html