Emerson Electric (EMR) Tops Q1 EPS by 5c; Offers 2022 EPS Guidance
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Emerson Reports First Quarter 2022 Results; Updates 2022 Outlook
February 2, 2022 6:55 AM ESTDemand continued to be strong with December Trailing Three-Month Underlying Orders up 17 percent Net Sales were $4.5 billion, up 8 percent from the year prior; Underlying Sales were up 8 percent GAAP EPS was $1.50, up 103 percent from the year prior; Adjusted EPS (as defined below) was $1.05, up 13 percent Updated 2022 Full Year Outlook to reflect continued strong demand Declared quarterly cash dividend of $0.515 per share of common stock payable March 10, 2022 to stockholders of record... More
