Emerson Electric (EMR) Tops Q1 EPS by 8c, Updates Guidance

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Go back to Emerson Electric (EMR) Tops Q1 EPS by 8c, Updates Guidance

Emerson Reports First Quarter 2019 Results and Raises Full Year Guidance

February 5, 2019 6:55 AM EST

Net sales of $4.1 billion increased 9 percent, or 4.5 percent on an underlying basis GAAP earnings per share were $0.74, up 21 percent versus prior year Returned $1.1 billion to shareholders, including $0.8 billion share repurchases Raised full-year EPS guidance on lower tax rate, lower incentive compensation and accelerated share repurchase Closed A.E. Valves and GE Intelligent Platforms acquisitions

ST. LOUIS--(BUSINESS WIRE)-- Emerson (NYSE: EMR) today reported results for the first quarter ended December 31, 2018.

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