Emerson Electric (EMR) Tops Q1 EPS by 18c, offers guidance

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Emerson Electric (EMR) shares rise as guidance tops expectations

February 7, 2024 1:27 PM EST

Emerson 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