** Shares of engineering solutions provider Emerson Electric EMR.N rise 3% to $110.50 premarket
** EMR raised its full-year underlying earnings outlook, citing strong demand for its automation services and products that drove Q2 profit ahead of estimates
** Now expects full-year adj. EPS between $5.90 and $6.05, compared with its previous range of $5.85 and $6.05
** Also, hikes forecast for 2025 net sales growth to about 4% from its prior expectation of growth between 1.5% and 3.5%
** Q2 adj EPS of $1.48 beat analysts' average expectation of $1.41
** Net sales of $4.43 billion also beat the Street view of $4.38 billion.
** As of last close, stock had fallen 13.4% YTD
(Reporting by Aatreyee Dasgupta)
((Aatreyee.Dasgupta@thomsonreuters.com))
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