Emerson Electric Misses Sales Target, Profits Hold Steady

Emerson Electrics Q1 earnings missed Wall Streets sales target, with revenue at $4.56 billion, up 2.9% year-over-year but short of expectations. Adjusted EPS hit $1.54, matching forecasts. Guidance for next quarters revenue matches Street expectations, and full-year adjusted EPS guidance was raised to $6.50. Despite adjusted EBITDA slightly missing estimates, operating margins jumped to 24.2% from 19.8% last year. The stock remained flat, and investors seemed unfazed. Emerson, founded in 1890, has shown solid two-year revenue growth of 5.3% and improved free cash flow to $1.3 billion from a loss last year. Analysts see twelve-month EPS at $6.14, up 10.1%. Emerson is demonstrating resilience in a challenging market, with potential for further margin expansion. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/0a5d3a65b6264edf