Picture of Emerson Electric Co logo

EMR Emerson Electric Co News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsBalancedLarge CapHigh Flyer

Emerson Electric Co reports results for the quarter ended March 31 - Earnings Summary

Emerson Electric Co EMR.N reported quarterly adjusted earnings of $1.48​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $1.36.  The mean expectation of twenty one analysts for the quarter was for earnings of $1.41 per share. Wall Street expected results to range from $1.40  to $1.47 per share.

Revenue rose 1.3% to $4.43 billion from a year ago; analysts expected $4.38 billion.

Emerson Electric Co's reported EPS for the quarter was 86 cents​.

The company reported quarterly net income of $485 million.

Emerson Electric Co shares had fallen by 2.2% this quarter and lost 13.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.1% in the last three months.​

In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 24 "strong buy" or "buy," 4 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "buy"

Wall Street's median 12-month price target for Emerson Electric Co is $127.50

This summary was machine generated from LSEG data May 7 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20251.411.48Beat
Dec. 31 20241.281.38Beat
Sep. 30 20241.471.48Beat
Jun. 30 20241.421.43Beat

Recent news on Emerson Electric Co

See all news