Emerson Electric (EMR) Reports In-Line Q2 EPS, Updates FY Guidance

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Emerson Reports Second Quarter 2019 Results

May 7, 2019 6:55 AM EDT

Net sales of $4.6 billion increased 8 percent, or 4 percent on an underlying basis GAAP earnings per share were $0.84, up 11 percent versus prior year Operating cash flow was up 7 percent to $533 million Returned $1.6 billion to shareholders through the first half, including $1.0 billion of share repurchases Updated full-year GAAP EPS guidance to $3.60 to $3.70

ST. LOUIS--(BUSINESS WIRE)-- Emerson (NYSE: EMR) today reported results for the second quarter ended March 31, 2019.

Second quarter net sales... More