Emerson Electric Reports Q3 Sales Growth Of 7%, Raises FY22 EPS Guidance
Emerson Electric Co (NYSE: EMR ) reported third-quarter FY22 net sales growth of 7% year-over-year to $5 billion, missing the consensus of $5.12 billion. Underlying sales were up 7%. June trailing three-month underlying orders were up 10%. Net sales by geography: Americas were up 14%, Europe was flat, and Asia, Middle East Africa was down 1%. China was down 6%, primarily due to COVID-19 lockdowns. Adjusted EPS improved 16% Y|Y to $1.38, beating the consensus of $1.30. Related : Emerson Sells InSinkErator Business To Whirlpool For $3B The … Full story available on Benzinga.com
Emerson Electric Reports Q3 Sales Growth Of 7%, Raises FY22 EPS Guidance
Emerson Electric Co (NYSE: EMR ) reported third-quarter FY22 net sales growth of 7% year-over-year to $5 billion, missing the consensus of $5.12 billion. Underlying sales were up 7%. June trailing three-month underlying orders were up 10%. Net sales by geography: Americas were up 14%, Europe was flat, and Asia, Middle East Africa was down 1%. China was down 6%, primarily due to COVID-19 lockdowns. Adjusted EPS improved 16% Y|Y to $1.38, beating the consensus of $1.30. Related : Emerson Sells InSinkErator Business To Whirlpool For $3B The … Full story available on Benzinga.com