Emerson Electric Q2 Earnings Preview

Emerson Electric EMR releases its next round of earnings Tuesday. Here's Benzinga's essential guide to Emerson Electric's Q2 earnings report.

Earnings and Revenue

Analysts predict Emerson Electric will report earnings of 72 cents per share on revenue of $4.2 billion.

Emerson Electric EPS in the same period a year ago totaled 58 cents. Revenue was $3.57 billion. If the company were to match the consensus estimate when it reports Tuesday, EPS would be up 24.14 percent. Revenue would be have grown 17.80 percent from the same quarter last year. Here's how the company's EPS has stacked up against analyst estimates in the past:

 

Quarter Q1 2018 Q4 2017 Q3 2017 Q2 2017
EPS Estimate 0.54 0.78 0.69 0.58
EPS Actual 0.58 0.83 0.68 0.58

 

Stock Performance

Over the last 52-week period, shares are up 11.49 percent. Given that these returns are generally positive, long-term shareholders can be satisfied going into this earnings release. Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. The popular rating by analysts on Emerson Electric stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. Emerson Electric's Q2 conference call is scheduled to begin at 8:00 a.m. ET and can be accessed here: http://www.emerson.com/en-us/investors

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