Emerson Reports Strong Third Quarter 2018 Results and Raises Outlook

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Go back to Emerson Reports Strong Third Quarter 2018 Results and Raises Outlook

Emerson (EMR) PT Raised to $83 at Deutsche Bank

August 8, 2018 7:46 AM EDT

Deutsche Bank raised its price target on Emerson (NYSE: EMR) to $83.00 (from $81.00) while maintaining a Buy rating.

Analyst Nicole DeBlase commented, "Automation Solutions stole the show this quarter, as Y/Y order growth accelerated to +12% for the 3m/e June vs. +10% for... More

Emerson Electric (EMR) Tops Q3 EPS by 2c, Lifts FY EPS Guidance

August 7, 2018 6:57 AM EDT

Emerson Electric (NYSE: EMR) reported Q3 EPS of $0.88, $0.02 better than the analyst estimate of $0.86. Revenue for the quarter came in at $4.5 billion versus the consensus estimate of $4.47 billion.

GUIDANCE:

Emerson Electric sees FY2018 EPS of $3.30-$3.40, may not compare to... More