EMR - Emerson Electric FQ4 2021 Earnings Preview

Emerson Electric (NYSE:EMR) is scheduled to announce FQ4 earnings results on Wednesday, November 3rd, before market open. The consensus EPS Estimate is $1.18 (+7.3% Y/Y) and the consensus Revenue Estimate is $5.1B (+11.8% Y/Y). Strength across medical, life science, process automation, food and beverage, cold chain, residential, and commercial end markets is expected to have augmented Emerson's top-line performance in FQ4. Significant backlog level at the Automation Solutions segment will act as a boost for the quarter. Over the last 2 years, EMR has beaten EPS estimates 88% of the time and has beaten revenue estimates 63% of the time. Over the last 3 months, EPS estimates have seen 6 upward revisions and 9 downward. Revenue estimates have seen 13 upward revisions and 2 downward. The company is seeking the sale of its Therm-O-Disc thermostat unit that may value the business at more than a $1B. Emerson has agreed to

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Emerson Electric FQ4 2021 Earnings Preview