Emerson Electric (EMR) Q1 Revenue Tops Views

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Go back to Emerson Electric (EMR) Q1 Revenue Tops Views

Emerson Reports First Quarter 2018 Results and Raises Full-Year Sales and EPS Guidance

February 6, 2018 6:55 AM EST

Net sales of $3.8 billion increased 19 percent, or 7 percent on an underlying basis GAAP EPS from continuing operations increased 9 percent to $0.61 and were up 18 percent excluding current and prior year tax items Operating cash flow from continuing operations increased 9 percent to $447 million Returned more than $800 million to shareholders via dividends and share repurchases Raising full-year sales and EPS guidance based on stronger operational performance, increased share repurchases and the favorable impact of U.S. tax reform legislation... More