Emerson Electric: Fiscal Q1 Earnings Snapshot

Associated Press Finance

02-05

ST. LOUIS (AP) — ST. LOUIS (AP) — Emerson Electric Co. (EMR) on Wednesday reported fiscal first-quarter earnings of $585 million.

The St. Louis-based company said it had profit of $1.02 per share. Earnings, adjusted for non-recurring costs, were $1.38 per share.

The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.

The maker of process controls systems, valves and analytical instruments posted revenue of $4.18 billion in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $4.21 billion.

For the current quarter ending in March, Emerson Electric expects its per-share earnings to range from $1.38 to $1.42.

The company expects full-year earnings in the range of $5.85 to $6.05 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EMR at https://www.zacks.com/ap/EMR

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LOUIS (AP) — ST. LOUIS (AP) — Emerson Electric Co. (EMR) on Wednesday reported fiscal first-quarter earnings of $585 million.</p>\n<p>The St. Louis-based company said it had profit of $1.02 per share. Earnings, adjusted for non-recurring costs, were $1.38 per share.</p>\n<p>The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.</p>\n<p>The maker of process controls systems, valves and analytical instruments posted revenue of $4.18 billion in the period, which fell short of Street forecasts. 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Earnings, adjusted for non-recurring costs, were $1.38 per share.The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.The maker of process controls systems, valves and analytical instruments posted revenue of $4.18 billion in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $4.21 billion.For the current quarter ending in March, Emerson Electric expects its per-share earnings to range from $1.38 to $1.42.The company expects full-year earnings in the range of $5.85 to $6.05 per share.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"EMR":"艾默生电气"},"translate_title":"艾默生电气：第一季度财报收益快照","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EMR":1},"content_text":"ST. LOUIS (AP) — ST. LOUIS (AP) — Emerson Electric Co. (EMR) on Wednesday reported fiscal first-quarter earnings of $585 million.\nThe St. Louis-based company said it had profit of $1.02 per share. Earnings, adjusted for non-recurring costs, were $1.38 per share.\nThe results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.\nThe maker of process controls systems, valves and analytical instruments posted revenue of $4.18 billion in the period, which fell short of Street forecasts. Six analysts surveyed by Zacks expected $4.21 billion.\nFor the current quarter ending in March, Emerson Electric expects its per-share earnings to range from $1.38 to $1.42.\nThe company expects full-year earnings in the range of $5.85 to $6.05 per share.\n_____\nThis story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. 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