Emerson Electric (EMR) Tops Q2 EPS by 4c

Emerson Electric (NYSE: EMR) reported Q2 EPS of $0.76, $0.04 better than the analyst estimate of $0.72. Revenue for the quarter came in at $4.2 billion versus the consensus estimate of $4.21 billion.

GUIDANCE:

Emerson Electric sees FY2018 EPS of $3.10-$3.20, versus the consensus of $3.13.

• Based on favorable global demand trends and strong first half operational performance, the Company is raising full-year sales guidance to the high-end of the previously communicated range and increasing the expected earnings per share range.

For earnings history and earnings-related data on Emerson Electric (EMR) click here.

You May Also Be Interested In

• Airbus revenue rises, delivers 142 commercial aircraft in Q1
• Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
• Deutsche Bank (DB) Tops Q1 EPS by 1c