Emerson Reports Full Year and Fourth Quarter 2015 Results
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November 5, 2015 6:46 AM EST
Societe Generale downgraded Emerson (NYSE: EMR) from Buy to Hold with a price target of $52.00 (from $56.00).
For an analyst ratings summary and ratings history on Emerson click here. For more ratings news on Emerson click here.
Shares of Emerson closed at $49.68 yesterday.
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November 3, 2015 10:45 AM EST
Emerson Electric (NYSE: EMR) declared a quarterly dividend of $0.475 per share, or $1.9 annualized. This is a 1.1% increase from the prior dividend of $0.47.
The dividend will be payable on December 10, 2015, to stockholders of record on November 13, 2015, with an ex-dividend date of November 10,... More
November 3, 2015 7:11 AM EST
Emerson Electric (NYSE: EMR) reported Q4 EPS of $0.93, $0.05 worse than the analyst estimate of $0.98. Revenue for the quarter came in at $5.81 billion versus the consensus estimate of $5.84 billion.
Fiscal 2015 was a challenging year as we faced extended downward pressure on sales and earnings from strong economic headwinds that affected results across our business, said Chairman and Chief Executive Officer David N. Farr.... More
