Software company Emerson Electric Co. (NYSE: EMR) on Tuesday reported an increase in sales and adjusted earnings for the fourth quarter of 2024.
- Fourth-quarter net sales rose 13% to $4.62 billion from $4.09 billion in the year-ago quarter; underlying sales were up 4%
- Earnings, on a reported basis, increased to $996 million or $1.73 per share in Q4 from $744 million or $1.29 per share last year
- Q4 adjusted profit increased 15% year-over-year to $1.48 per share from $1.29 per share in the prior-year quarter
- For fiscal 2025, the company expects net sales to increase in the range of 3.5% to 5.5%
- Full-year profit, including special items, is expected to be in the range of $4.42 per share to $4.62 per share
- The guidance for fiscal 2025 adjusted earnings per share is $5.85-$6.05
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
Yum! Brands (YUM) Q3 2024 Earnings: Key financials and quarterly highlights
Yum! Brands, Inc. (NYSE: YUM) reported its third quarter 2024 earnings results today. Total revenues grew 7% year-over-year to $1.82 billion. Net income decreased 8% to $382 million, or $1.35
Earnings Preview: Home Depot’s Q3 report likely to reflect weak consumer demand
The US housing industry has been mostly resilient to headwinds like economic uncertainties so far this year. However, housing activity cooled in recent months as high mortgage rates and inflation
Take-Two Interactive (TTWO) will report Q2 2025 earnings this week, a few points to note
Shares of Take-Two Interactive Software, Inc. (NASDAQ: TTWO) stayed red on Monday. The stock has gained 16% over the past three months. The gaming company is set to report its second
