EMR News and Press, Emerson Electric Company From 10/31/22

Summary October saw 17 dividend growth companies boost their dividend payouts, including well-known companies like McDonald’s and AbbVie. Including McDonald’s, double-digit boosts came from Brown & Brown and Lincoln Electric. Investors should see another 15 c...

Emerson Electric press release ( NYSE: EMR ): Q4 Non-GAAP EPS of $1.53 beats by $0.14 . Revenue of $5.36B (+8.3% Y/Y) beats by $30M . Following the announcement of its Climate Technologies divestiture , the company will report financial results for Climate ...

Fourth quarter net sales were $5.4 billion, up 8 percent from the year prior; underlying sales 1 were up 12 percent Full year net sales were $19.6 billion, up 8 percent from the year prior; underlying sales were up 9 percent Fourth quarter GAAP EPS was $1.24, up 12 percent...

Transformative Step in Emerson’s Portfolio Journey Towards a Cohesive, Higher Growth and Higher Margin Portfolio Emerson to Become a Pure-Play Global Automation Company Serving Diversified End Markets Blackstone to Help Power Next Phase of Growth for Clima...

Emerson (NYSE: EMR) announces it will now report its fourth quarter and full year 2022 results prior to market open this morning, Oct. 31, 2022. Emerson senior management will discuss the results during an investor conference call beginning at 8 a.m. Eastern Time, 7 a.m. Central Time. ...

Summary The Wall Street Journal is reporting that Blackstone and Emerson have reached a deal for Blackstone to purchase a majority stake in the commercial and residential solutions business. Emerson is going to retain a 45% stake and provide a $2.25 billion seller note. The fi...

In a bid to streamline its business and expand its technology and automation offerings, Emerson Electric ( NYSE: EMR ) is selling 55% stake in its climate-technologies business to Blackstone ( NYSE: BX ), a private equity player, that would value the segment at $14B includ...

Residential microgrid uses advanced automation to create hydrogen from renewable electricity Southern California Gas (SoCalGas), a regulated subsidiary of Sempra (NYSE: SRE), has selected Emerson’s (NYSE: EMR) digital technologies, software and services to dem...

Software-centric architecture to democratize data and enable innovation Building on a deep legacy of industry-leading digital automation expertise through its Plantweb™ digital ecosystem, global technology and software company Emerson (NYSE: EMR) today shared its visi...

Emerson ( NYSE: EMR ) has integrated artificial intelligence-powered asset optimization software from AspenTech ( NASDAQ: AZPN ) into its Plantweb digital automation ecosystem . The updated Plantweb ecosystem now uses asset and business optimization software along wi...