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

• Kura Sushi (KRUS) Tops Q3 EPS by 3c; offers outlook
• Grafton Group PLC (GFTU:LN) PT Raised to GBP11.50 at Berenberg
• Barclays Upgrades Daimler Truck Holding AG (DTG:GR) (DTRUY) to Overweight