Emerson Electric Q4 sales beat estimates on broad-based demand

Emerson Electric

Yesterday 12:04

Overview
U.S. automation technology firm's fiscal Q4 sales rose 7%, beating analyst expectations
Adjusted EPS for fiscal Q4 beat analyst expectations
Company raised quarterly dividend by 7% to $0.595 per share

Outlook
Emerson sees fiscal 2027 net sales growth of about 5%
Company expects fiscal 2027 adjusted EPS of about $7.25
Emerson projects fiscal 2027 free cash flow of $3.8 bln to $3.9 bln

Result Drivers
PROJECT ACTIVITY - Co said exceptional long-cycle project activity in growth verticals drove underlying orders up 14%
BROAD-BASED DEMAND - Co said demand was broad-based with substantial growth across all business groups and regions
PORTFOLIO RESILIENCE - CEO cited resilient portfolio and software-defined technology stack aligned with long-term secular trends

Company press release: ID:nPn6LBqzka

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$5.20 bln
$5.12 bln (21 Analysts)
Q4 Adjusted EPS
Beat
$1.86
$1.85 (23 Analysts)
Q4 EPS
 
$1.33
 
Q4 Operating Cash Flow
 
$1.08 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy", 9 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the electrical components & equipment peer group is "buy"
Wall Street's median 12-month price target for Emerson Electric Co is $180.00, about 8.2% above its November 3 closing price of $166.39
The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 21 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)