Emerson Electric (EMR) Tops Q3 EPS by 1c, Offers FY15 Outlook
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Go back to Emerson Electric (EMR) Tops Q3 EPS by 1c, Offers FY15 Outlook
August 6, 2015 9:21 AM EDT
Argus downgraded Emerson (NYSE: EMR) from Buy to Hold on weak near-term outlook.
The analyst said Emerson faces challenges from the slumping price of oil, as energy customers cut capex, as well as from slower industrial spending and unfavorable currency... More
August 5, 2015 7:22 AM EDT
Cowen 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
August 4, 2015 11:31 AM EDT
Emerson 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
