Emerson Reports Fourth Quarter and Full Year 2023 Results; Provides Initial 2024 Outlook

Go back to Emerson Reports Fourth Quarter and Full Year 2023 Results; Provides Initial 2024 Outlook

Citi sees sell-off as a chance to buy this stock

November 8, 2023 1:37 PM EST

Citi analysts released a note Wednesday revealing they see a buying opportunity in a manufacturing firm's shares.

In the note, headed by analyst Andrew Kaplowitz, the firm maintained a Buy rating on Emerson Electric (NYSE: EMR), lowering the price target to $109 from $112... More

Emerson Electric (EMR) weighs on S&P 500 after results miss expectations

November 7, 2023 10:26 AM EST

Emerson Electric (NYSE: EMR) shares declined Tuesday after it released results for the fourth quarter and issued guidance. Despite some positives, the overall report was viewed as a disappointment.

Emerson Electric reported fourth quarter earnings per share of $1.29, below the average analyst estimate of... More

Emerson Electric (EMR) Misses Q4 EPS by 2c; guides

November 7, 2023 6:58 AM EST

Emerson Electric (NYSE: EMR) reported Q4 EPS of $1.29, $0.02 worse than the analyst estimate of $1.31. Revenue for the quarter came in at $4.09 billion versus the consensus estimate of $4.19 billion.

GUIDANCE:

Emerson Electric sees Q1 2024 EPS of $1.00-$1.05, versus the consensus of... More