Emerson Reports Third Quarter 2017 Results

Go back to Emerson Reports Third Quarter 2017 Results

Emerson (EMR) PT Raised to $62 at RBC Capital; Reiterates Sector Perform

August 2, 2017 7:58 AM EDT

RBC Capital raised its price target on Emerson (NYSE: EMR) to $62.00 (from $61.00) while maintaining a Sector Perform rating. EMR reported a narrow F3Q17 EPS miss vs. consensus, but raised its full-year guidance and boosted organic growth targets.

Management is now citing a... More

Emerson Electric (EMR) Misses Q3 EPS by 1c, Updates Outlook

August 1, 2017 6:56 AM EDT

Emerson Electric (NYSE: EMR) reported Q3 EPS of $0.68, $0.01 worse than the analyst estimate of $0.69. Revenue for the quarter came in at $4 billion versus the consensus estimate of $4.03 billion.

GUIDANCE:

Emerson Electric sees FY2017 EPS of $2.58-$2.62, versus the consensus of... More