Categories Earnings, Technology
Earnings Summary: Emerson Electric (EMR) reports Q4 2023 financial results
Software company Emerson Electric Co. (NYSE: EMR) reported financial results for the fourth quarter of 2023. The company also declared a quarterly cash dividend of $0.525 per share.
- Fourth-quarter net sales increased 5% annually to $4.09 billion from $3.89 billion last year; underlying sales were up 5%
- Earnings, on a reported basis, jumped 49% from last year to $1.22 per share in the September quarter
- Adjusted profit was $1.29 per share, which is up 21% from $1.07 per share reported in the prior-year quarter
- The company said it expects net sales to grow between 13% and 15.5% in the whole of fiscal 2024
- Full-year profit, including special items, is expected to be in the range of $3.82 per share to $4.02 per share
- The guidance for 2024 adjusted earnings per share is $5.15-$5.35
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
TGT Earnings: Key quarterly highlights from Target’s Q1 2024 financial results
Target Corporation (NYSE: TGT) reported its first quarter 2024 earnings results today. Total revenue decreased 3.1% year-over-year to $24.5 billion. Comparable sales declined 3.7%. Net earnings dipped 1% to $942
Important takeaways from AutoZone’s (AZO) Q3 2024 report
Automotive parts retailer AutoZone, Inc. (NYSE: AZO) reported mixed results for the third quarter of 2024, with earnings exceeding the market’s forecast and sales missing. The management is optimistic about
What to look for when Dollar General (DG) reports Q1 2024 earnings results
Shares of Dollar General Corporation (NYSE: DG) rose over 3% on Tuesday. The stock has dropped 31% over the past 12 months. The discount retailer is scheduled to report its first
