Emerson Reports Fall in Quarterly Earnings, Raises Full-Year Outlook (NYSE:EMR)

Emerson Electric (NYSE: EMR) -2.1% ahead of the market on Wednesday after missing estimates for FQ1 adjusted earnings and revenue, although the company raised its FY 2023 sales and earnings forecasts.

Fourth-quarter profit rose 2.5 times to $2.33 billion, or $3.97 per share, from $896 million, or $1.50 per share, last quarter, but earnings from continuing operations fell to 0 $.56 per share

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *