February 6, 2018 / 12:08 PM / in 18 days

BRIEF-Emerson Raises Full-Year Sales And EPS Forecasts

Feb 6 (Reuters) - Emerson Electric Co:

* EMERSON REPORTS FIRST QUARTER 2018 RESULTS AND RAISES FULL-YEAR SALES AND EPS GUIDANCE

* QTRLY NET SALES OF $3.8 BILLION INCREASED 19 PERCENT, OR 7 PERCENT ON AN UNDERLYING BASIS

* TOTAL EMERSON NET SALES IN 2018 NOW EXPECTED TO BE UP 11 TO 13 PERCENT WITH UNDERLYING SALES UP 5 TO 7 PERCENT

* QTRLY GAAP EPS FROM CONTINUING OPERATIONS $0.61

* INCREASING 2018 GAAP EARNINGS PER SHARE GUIDANCE TO $3.05 TO $3.15

* FIRST QUARTER RESULTS ALSO INCLUDED A PROVISIONAL NET TAX BENEFIT OF $0.07

* SEES 2018 ADJUSTED EARNINGS PER SHARE GUIDANCE OF $2.75 TO $2.95

* 2018 TOTAL EMERSON NET SALES ARE NOW EXPECTED TO BE UP 11 PERCENT TO 13 PERCENT

* EMERSON ELECTRIC - INCREASING 2018 GUIDANCE BASED ON STRONGER OPERATIONAL PERFORMANCE, INCREASED SHARE REPURCHASES, FAVORABLE IMPACT OF THE TAX ACT

* FY2018 EARNINGS PER SHARE VIEW $3.00 -- THOMSON REUTERS I/B/E/S

* Q1 EARNINGS PER SHARE VIEW $0.55, REVENUE VIEW $3.72 BILLION -- THOMSON REUTERS I/B/E/S Source text for Eikon: (bit.ly/2Ba3EBL) Further company coverage:

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