Emerson Electric (EMR) Tops Q2 EPS by 11c, Offers Guidance

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Go back to Emerson Electric (EMR) Tops Q2 EPS by 11c, Offers Guidance

Emerson Reports Second Quarter 2022 Results; Updates 2022 Outlook

May 4, 2022 6:55 AM EDT

March Trailing Three-Month Underlying Orders up 13 percent Net Sales were $4.8 billion, up 8 percent from the year prior; Underlying Sales were up 10 percent GAAP EPS was $1.13, up 22 percent from the year prior; Adjusted EPS (as defined below) was $1.29, up 21 percent Increased 2022 Full Year Outlook to reflect continued strong demand and execution Announced decision to exit Russia business Declared quarterly cash dividend of $0.515 per share of common stock payable June 10, 2022 to stockholders of record May 13, 2022

ST. LOUIS--(BUSINESS WIRE)-- Emerson... More