Emerson Electric (EMR) Tops Q4 EPS by 8c, Offers Guidance
Emerson Electric (NYSE: EMR) reported Q4 EPS of $0.97, $0.08 better than the analyst estimate of $0.89. Revenue for the quarter came in at $4.89 billion versus the consensus estimate of $4.91 billion.
GUIDANCE:
Emerson Electric sees FY2019 EPS of $3.55-$3.70.
The following table presents the 2019 guidance framework and does not include the impact of the GE Intelligent Platforms acquisition, which is expected to close in the first half of 2019.
| Sales Growth Guidance | � | � | � | � | EPS and Cash Flow Guidance | ||
| Net Sales Growth | 6 – 9% | GAAP EPS | $3.55 – $3.70 | ||||
| Acquisitions Impact | 4% | Operating Cash Flow | ~$3.2B | ||||
| Foreign Currency Translation Impact | (2%) | Free Cash Flow | ~$2.5B | ||||
| Underlying Sales Growth | 4 – 7% | ||||||
| Automation Solutions | 5 – 8% | ||||||
| Commercial Residential Solutions | 3 – 5% | ||||||
For earnings history and earnings-related data on Emerson Electric (EMR) click here.