Emerson Reports Second Quarter 2016 Results
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Emerson Electric (EMR) Tops Q2 EPS by 3c; Guides In-Line
May 3, 2016 7:18 AM EDTEmerson Electric (NYSE: EMR) reported Q2 EPS of $0.66, $0.03 better than the analyst estimate of $0.63. Revenue for the quarter came in at $4.9 billion versus the consensus estimate of $4.89 billion.
GUIDANCE:
Emerson Electric sees FY2016 EPS of $3.05-$3.25, versus the consensus of $3.05.
"While pressure from global economic conditions continued, our second quarter results reflected varying levels of incremental improvement... More
