Emerson Reports Third Quarter 2015 Results
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Cowen Cuts Price Target on Emerson Electric (EMR) Following 3Q
August 5, 2015 7:22 AM EDTCowen maintained a Market Perform rating on Emerson (NYSE: EMR), and cut the price target to $52.00 (from $59.00), following 3Q results. EMR reported EPS of $0.84 beating Street estimates by 1¢.
Analyst Gautam Khanna commented, "Q3:F15 EPS of $0.84 optically beat Street by 1¢, but had $0.03 plus from lower... More
Emerson Electric (EMR) Declares $0.47 Quarterly Dividend; 3.7% Yield
August 4, 2015 11:31 AM EDTEmerson Electric (NYSE: EMR) declared a quarterly dividend of $0.47 per share, or $1.88 annualized.
The dividend will be payable on September 10, 2015, to stockholders of record on August 14, 2015, with an ex-dividend date of August 12, 2015.
The annual yield on the dividend is 3.7 percent.
For... More
Emerson Electric (EMR) Tops Q3 EPS by 1c, Offers FY15 Outlook
August 4, 2015 8:13 AM EDTEmerson Electric (NYSE: EMR) reported Q3 EPS of $0.84, $0.01 better than the analyst estimate of $0.83. Revenue for the quarter came in at $5.5 billion versus the consensus estimate of $5.63 billion.
Emerson Electric sees FY2015 EPS of $3.97-$4.07.
2015 Outlook
Little change is expected... More
