EMR - These Analysts Revise Their Forecasts On Emerson Electric Following Q2 Results | Benzinga
Emerson Electric Co (NYSE:EMR) posted better-than-expected results for its second quarter.
Emerson Electric reported second-quarter FY24 net sales growth of 17% Y/Y to $4.38 billion, beating the consensus of $4.29 billion. Adjusted EPS improved 25% Y/Y to $1.36, beating the consensus of $1.25, according to data from Benzinga Pro.
Emerson declared a quarterly cash dividend per share of $0.525, payable on June 10 to stockholders of record on May 17.
“Emerson’s outstanding execution continued in the second quarter, with sales growth, margin expansion and earnings all exceeding expectations,” said Emerson President and Chief Executive ...