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

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

Emerson Reports Third Quarter 2017 Results

August 1, 2017 6:55 AM EDT

Net sales of $4.0 billion increased 10 percent, with underlying sales up 4 percent Reported earnings per share from continuing operations decreased 7 percent to $0.63 Earnings per share from continuing operations were flat at $0.68 excluding a ($0.05) impact from the Valves & Controls business acquired during the quarter Operating cash flow from continuing operations increased 23 percent to $774 million Based on strong operational performance, the company is raising full-year earnings per share guidance

ST. LOUIS--(BUSINESS WIRE)-- Emerson (NYSE:... More