We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Emerson Electric Co | NYSE:EMR | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.29 | 0.26% | 109.89 | 110.73 | 109.02 | 109.36 | 1,364,496 | 00:48:22 |
From Apr 2023 to Apr 2024
By Will Feuer
Emerson Electric Co. said sales rose 14% in its fiscal second quarter as demand across the manufacturers end markets holds up.
For the three months ended March 31, the St. Louis-based manufacturer posted a profit of $770 million, or $1.38 a share, compared with $675 million, or $1.13 a share, in the same quarter a year ago.
Earnings from continuing operations rose to $505 million, or 92 cents a share, from $429 million, or 72 cents a share, a year earlier.
Stripping out one-time items, adjusted earnings came to $1.09 a share. Analysts polled by FactSet were expecting adjusted earnings of 97 cents a share.
Sales rose 14%, to $3.76 billion. Analysts surveyed by FactSet were looking for sales of $3.64 billion.
Chief Executive Lal Karsanbhai said the results were lifted by strong demand across end markets.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
May 03, 2023 07:33 ET (11:33 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Emerson Electric Chart |
1 Month Emerson Electric Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
