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
Take-Two Interactive Software (TTWO) Earnings: 4Q24 Key Numbers
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported net revenue of $1.40 billion for the fourth quarter of 2024, which was down 3% year-over-year. Net loss was $2.90 billion, or $17.02
Applied Materials (AMAT) Earnings: 2Q24 Key Numbers
Applied Materials, Inc. (NASDAQ: AMAT) reported revenue of $6.65 billion for the second quarter of 2024, which remained flat year-over-year. GAAP net income increased 9% to $1.72 billion and EPS
What to expect when Macy’s (M) reports its Q1 2024 earnings results
Shares of Macy’s, Inc. (NYSE: M) stayed green on Thursday. The stock has gained 23% over the past 12 months. The retailer is scheduled to report its first quarter 2024
