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Emerson Electric Co (EMR.N)

EMR.N on New York Stock Exchange

58.92USD
26 May 2017
Change (% chg)

$-0.33 (-0.56%)
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Latest Key Developments (Source: Significant Developments)

Emerson Electric says full-year net sales are now expected to be approximately flat
Tuesday, 2 May 2017 06:55am EDT 

May 2 (Reuters) - Emerson Electric Co :Emerson electric co - qtrly earnings per share from continuing operations $0.58.Emerson electric co- full-year net sales are now expected to be approximately flat.Emerson electric co - qtrly earnings per share $0.57.Q2 earnings per share view $0.58, revenue view $3.50 billion -- Thomson Reuters I/B/E/S.Fy2017 earnings per share view $2.59, revenue view $14.69 billion -- Thomson Reuters I/B/E/S.  Full Article

Emerson Electric Q2 EPS $0.58 from continuing operations
Tuesday, 2 May 2017 06:38am EDT 

May 2 (Reuters) - Emerson Electric Co :Says qtrly sales of $3.6 billion were flat versus the prior year on both a net and underlying basis.Sees fy earnings per share $2.55 to $2.65 from continuing operations.Q2 earnings per share $0.58 from continuing operations.Emerson electric co- automation solutions net sales are expected to be down 3 to 4 percent for 2017.Emerson electric co- commercial & residential solutions net and underlying sales are expected to be up 5 to 6 percent for 2017.Emerson electric- "considering our solid performance in the first half of the fiscal year and current order trends," raising fy sales, eps guidance.Q2 earnings per share view $0.58, revenue view $3.50 billion -- Thomson Reuters I/B/E/S.  Full Article

Emerson Electric expects 2017 operating cash flow from cont ops to be about $2.5 bln - Conf Call
Tuesday, 7 Feb 2017 03:15pm EST 

Emerson Electric Co : FY 2017 operating cash flow from continuing operations expected to be about $2.5 billion, flat to the prior year- conf call . waiting for final approval from FTC on Pentair valves business acquisition, expecting approval "sometime in the next couple weeks" - conf call . expects firm-wide organic growth to turn positive in Q3 based on trend lines - conf call Further company coverage: [EMR.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

EMERSON ELECTRIC SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.48/SHR
Tuesday, 7 Feb 2017 01:35pm EST 

Emerson Electric Co :SETS REGULAR QUARTERLY CASH DIVIDEND OF $0.48 PER SHARE.  Full Article

Emerson Electric posts qtrly adj. earnings $0.48
Tuesday, 7 Feb 2017 06:59am EST 

Emerson Electric Co : Qtrly net sales were $3.2 billion, down 4 percent . Emerson Electric Co - qtrly net sales were $3.2 billion, down 4 percent, or 3 percent on an underlying basis . Emerson Electric Co - qtrly earnings per share from continuing operations increased 22 percent to $0.56 . Emerson Electric Co - increasing our 2017 full-year EPS guidance by 12 cents at both top and bottom end of range . Q1 earnings per share view $0.42, revenue view $3.16 billion -- Thomson Reuters I/B/E/S . Emerson Electric Co - full-year net sales are expected to be down 1 to 3 percent . FY2017 earnings per share view $2.40, revenue view $14.63 billion -- Thomson Reuters I/B/E/S . Emerson Electric Co - sees FY 2017 underlying sales flat to down 2 percent excluding unfavorable currency translation of approximately 1 percent . Emerson Electric Co sees FY earnings per share from continuing operations to be $2.47 to $2.62 . Emerson Electric Co - qtrly EPS, including impact of discontinued operations, were $0.48 .Emerson Electric Co - "considering the first quarter results and recent order trends, we are raising our outlook for 2017".  Full Article

Nidec buys drive-motor and power generator business from Emerson Electric Co
Wednesday, 1 Feb 2017 01:52am EST 

Nidec Corp <6594.T>:Says it completed acquisition of drive-motor and power generator business from the U.S.-based firm Emerson Electric Co.  Full Article

Emerson Electric says underlying orders were flat, excluding unfavorable currency translation, for trailing three-month period
Thursday, 19 Jan 2017 06:51am EST 

Emerson Electric Co : Emerson Electric - trailing three-month orders decreased 4 percent as monthly orders continue to reflect "improving conditions in energy related markets" .Underlying orders were flat, excluding unfavorable currency translation, for trailing three-month period - sec filing.  Full Article

Emerson Electric continues to expect about 10 pct decline in Q1 sales
Tuesday, 20 Dec 2016 07:31am EST 

Emerson Electric Co : Underlying orders were down 5 percent with unfavorable currency translation of 2 percent from a stronger u.s. Dollar . Continue to expect an approximately 10 percent decline in sales in Q1 . Nov trailing three-month orders decreased 7 percent-sec filing .Emerson Electric Co - recent order trends support an expectation for mid-single digit sales growth in Q1.  Full Article

CCI approves acquisition of Emerson’s motors, drives & electric power generation biz by Nidec Corp
Wednesday, 14 Dec 2016 07:10am EST 

Competition Commission of India: CCI approves acquisition of Emerson’s motors, drives and electric power generation business by Nidec Corporation Further company coverage: [6594.T] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Emerson Electric increases quarterly cash dividend from $0.475 to $0.48 per share
Tuesday, 1 Nov 2016 10:16am EDT 

Emerson Electric Co : Emerson increases quarterly cash dividend .Sets quarterly cash dividend of $0.48 per share.  Full Article

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BRIEF-Emerson Electric sees 2018 consolidated sales growth of about 9 to 10 pct

* Emerson Electric Co sees restructuring of about $100 million in 2018 and 2019 related to acquisition of Pentair's Valves and Controls business