Emerson Electric (EMR) Declares $0.47 Quarterly Dividend; 3.7% Yield

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Cowen Cuts Price Target on Emerson Electric (EMR) Following 3Q

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

Emerson Electric (EMR) Tops Q3 EPS by 1c, Offers FY15 Outlook

August 4, 2015 8:13 AM EDT

Emerson 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