Emerson Electric's Q1 adjusted EPS beats expectations on automation demand

Emerson Electric Co

03/02/2026 21:14

Overview

Automation leader's fiscal Q1 net sales grew 4% yr/yr, meeting analyst expectations

Adjusted EPS for fiscal Q1 beat analyst expectations

Company projects fiscal 2026 net sales growth of ~5.5%

Outlook

Emerson expects fiscal 2026 net sales growth of 5.5%

Company projects fiscal 2026 adjusted EPS between $6.40 and $6.55

Emerson anticipates fiscal 2026 free cash flow of $3.5 bln to $3.6 bln

Result Drivers

AUTOMATION DEMAND - Strong demand for automation technology, especially in North America, India, and the Middle East & Africa, drove sales growth

INNOVATION AND NEW PRODUCTS - Emerson is accelerating innovation and introducing new products to enhance its software-defined automation capabilities

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
Meet
$4.35 bln
$4.35 bln (18 Analysts)
Q1 Adjusted EPS
Beat
$1.46
$1.41 (19 Analysts)
Q1 EPS
$1.07
Q1 Net Earnings
$605 mln
Q1 Operating Cash Flow
$699 mln


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 $154.50, about 3.9% above its February 2 closing price of $148.63

The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nPnbHt6RHa

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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.)