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0 -0.000399183890712337 0.000887075312693997 0.000709660250155223 -0.000709660250155223 -0.000709660250155223 -0.000709660250155223 -0.000709660250155223
Stock impact report

Emerson (EMR) Q2 Earnings Surpass Estimates, Sales Rise Y/Y [Yahoo! Finance]

Emerson Electric Company (EMR) 
Last emerson electric company earnings: 4/21 06:55 am Check Earnings Report
US:NYSE Investor Relations: emerson.com/en-us/investors
Company Research Source: Yahoo! Finance
The bottom line increased 25% year over year. Emerson's net sales of $4.38 billion beat the consensus estimate of $4.29 billion. The top line increased 17% year over year, driven by a solid segmental performance. The underlying sales were up 8% year over year. Segmental Details Effective from the first quarter of fiscal 2023, the company started reporting under two segments, namely Intelligent Devices, and Software and Control Automation Solutions. The Intelligent Devices segments' net sales were $3.06 billion, up 5% year over year. Our estimate was $2.96 billion. The segment consists of four subgroups, namely Final Control, Measurement & Analytical, Discrete Automation and Safety & Productivity. Final Control's revenues increased 6% year over year to $1.05 billion. Measurement & Analytical generated revenues of $1.01 billion, up 14% year over year. Discrete Automation's revenues totaled $632 million, reflecting a decline of 8% on a year-over-year basis. Safety & Productivit Show less Read more
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