Emerson Electric (EMR) Tops Q2 EPS by 4c

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Go back to Emerson Electric (EMR) Tops Q2 EPS by 4c

Emerson Reports Strong Second Quarter 2018 Results and Raises Full-Year Guidance

May 1, 2018 6:55 AM EDT

Net sales of $4.2 billion increased 19 percent, or 8 percent on an underlying basis EPS from continuing operations increased 31 percent to $0.76 Raised full-year guidance based on strong operational performance Returned more than $550 million to shareholders, including $250 million of share repurchases Closed Cooper-Atkins and ProSys acquisitions and announced the Tools & Test acquisition, expected to close in the fiscal fourth quarter

ST. LOUIS--(BUSINESS WIRE)-- Emerson (NYSE: EMR) today announced net sales were up 19 percent in... More