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via finance.yahoo.comBusiness & Companies

Emerson Electric beats fiscal Q4 expectations on profit and revenue

FROM THE WIRE · FINANCE.YAHOO.COM

ST. LOUIS (AP) — ST. LOUIS (AP) — Emerson Electric Co. (EMR) on Wednesday reported fiscal fourth-quarter profit of $744 million. The St. Louis-based company said it had profit of $1.33 per share. Earnings, adjusted for one-time gains and costs, came to $1.86 per share. The…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults above Street forecasts can support the stock of this process controls maker.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Emerson reported fiscal fourth-quarter profit of $744 million.
  2. 02Adjusted earnings came to $1.86 per share, above the $1.85 analyst estimate.
  3. 03Revenue reached $5.2 billion, also exceeding Street forecasts.
  4. 04The company expects full-year earnings of $7.25 per share.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Emerson Electric Co.EMRStock166.31 USDMarket closedtoday +0.21%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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