Emerson Electric Co. (EMR) Tops Q4 EPS by 6c; Guides FY13 EPS Growth

Emerson Electric Co. (NYSE: EMR) reported Q4 EPS of $1.11, $0.06 better than the analyst estimate of $1.05. Revenue for the quarter came in at $6.55 billion versus the consensus estimate of $6.69 billion.

Excluding goodwill impairment, Emerson sees FY13 EBIT margin to improve 10 to 20 basis points, which would result in earnings per share growth in the mid-to-high single digits from $3.39 in 2012. The majority of sales and earnings growth is expected to be realized in the first half of the year, due in large part to the quarterly impact of the Thailand flooding in 2012.

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

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