Emerson Q3 sales, adjusted EPS beat estimates; raises 2026 outlook

Emerson Electric

04/08/2026 21:17

Overview
US automation leader's fiscal Q3 net sales rose 7%, beating analyst expectations
Adjusted EPS for fiscal Q3 increased 13%, beating analyst expectations
Company raised full-year 2026 outlook after robust demand in North America and Asia

Outlook
Emerson raises 2026 net sales growth outlook to ~5%
Company now sees 2026 adjusted EPS at ~$6.55
Emerson expects to return ~$2.2 bln to shareholders in 2026 via buybacks and dividends

Result Drivers
ROBUST DEMAND - Co said underlying orders rose 7%, led by Software & Systems and broad-based growth in North America and Asia
MARGIN EXPANSION - Adjusted segment EBITA margin increased to 28.5% from 27.1% a year earlier
GROWTH VERTICALS - Management said secular tailwinds are supporting sustained investment in growth verticals

Company press release: ID:nPnb56bd6a

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$4.87 bln
$4.80 bln (18 Analysts)
Q3 Adjusted EPS
Beat
$1.71
$1.68 (19 Analysts)
Q3 EPS
 
$1.28
 
Q3 Net Earnings
 
$718 mln
 
Q3 Operating Cash Flow
 
$1.43 bln
 

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 20 "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 $165.00, about 6.6% above its August 3 closing price of $154.85
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 20 three months ago

Reuters Recommended Reads
Aug 4 - Rockwell Automation raises 2026 profit forecast on strong industrial demand
Aug 4 - AMETEK beats Q2 sales and adjusted EPS estimates, raises 2026 outlook
Aug 4 - Zebra Technologies raises annual forecast on strong demand for automation products 

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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.)