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

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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