Overview
Automation leader's fiscal Q1 net sales grew 4% yr/yr, meeting analyst expectations
Adjusted EPS for fiscal Q1 beat analyst expectations
Company projects fiscal 2026 net sales growth of ~5.5%
Outlook
Emerson expects fiscal 2026 net sales growth of 5.5%
Company projects fiscal 2026 adjusted EPS between $6.40 and $6.55
Emerson anticipates fiscal 2026 free cash flow of $3.5 bln to $3.6 bln
Result Drivers
AUTOMATION DEMAND - Strong demand for automation technology, especially in North America, India, and the Middle East & Africa, drove sales growth
INNOVATION AND NEW PRODUCTS - Emerson is accelerating innovation and introducing new products to enhance its software-defined automation capabilities
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Sales | Meet | $4.35 bln | $4.35 bln (18 Analysts) |
Q1 Adjusted EPS | Beat | $1.46 | $1.41 (19 Analysts) |
Q1 EPS | $1.07 | ||
Q1 Net Earnings | $605 mln | ||
Q1 Operating Cash Flow | $699 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy", 9 "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the electrical components & equipment peer group is "buy"
Wall Street's median 12-month price target for Emerson Electric Co is $154.50, about 3.9% above its February 2 closing price of $148.63
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 21 three months ago
Press Release: ID:nPnbHt6RHa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)