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
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
