Categories Earnings, Technology
Earnings Summary: Emerson Electric (EMR) reports Q2 2024 financial results
Software company Emerson Electric Co. (NYSE: EMR) on Wednesday reported higher net sales and adjusted earnings for the second quarter of 2024.
- Second-quarter net sales increased 17% annually to $4.38 billion from $3.76 billion last year; underlying sales were up 8%
- Earnings, on a reported basis, decreased 5% from last year to $0.87 per share in the March quarter
- Q2 adjusted profit was $1.36 per share, which is up 25% from $1.09 per share reported in the prior-year quarter
- The company said it expects net sales to grow between 11% and 12.5% in the third quarter of 2024
- For the full fiscal year, it expects net sales to increase in the range of 15% to 16%
- Full-year profit, including special items, is expected to be in the range of $2.98 per share to $3.08 per share
- The guidance for fiscal 2024 adjusted earnings per share is $5.40-$5.50
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
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
