Emerson Reports First Quarter 2024 Results; Updates 2024 Outlook
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Emerson Electric (EMR) shares rise as guidance tops expectations
February 7, 2024 1:27 PM ESTEmerson Electric (NYSE: EMR) shares surged Wednesday after reporting its latest quarterly results, which missed consensus estimates but beat the analyst consensus for Q2 EPS guidance.
The company reported Q1 EPS of $0.78, $0.26 worse than the analyst estimate of $1.04. Revenue for the quarter came in at $3.37 billion versus the consensus estimate of... More
