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Shares of Emerson Electric (NYSE:EMR) moved higher by 0.2% in pre-market trading after the company reported Q1 results.
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Quarterly Results
Earnings per share were up 23.88% over the past year to $0.83, which beat the estimate of $0.68.
Revenue of $4,161,000,000 higher by 0.24% year over year, which beat the estimate of $3,980,000,000.
Guidance
Earnings guidance hasn't been issued by the company for now.
Emerson Electric hasn't issued any revenue guidance for the time being.
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How To Listen To The Conference Call
Date: Feb 02, 2021
Time: 03:00 PM
ET Webcast URL: https://www.emerson.com/en-us/investors/investor-resources/events-and-presentations
Technicals
52-week high: $85.39
52-week low: $37.75
Price action over last quarter: Up 18.96%
Company Overview
Emerson Electric is a multi-industrial conglomerate that operates under two business platforms: Automation Solutions and Commercial and Residential Solutions. The latter is further subdivided into two operating segments: climate technologies, which sells HVAC and refrigeration products and services, as well as tools and home products, which sells tools and compressors, among other products and services. Commercial and residential solutions boasts several household brands, including Copeland, InSinkErator, and RIDGID. Automation solutions is most known for its process manufacturing solutions, which consists of measurement instrumentation, as well as valves and actuators, among other products and services. About half of the firm's geographic sales take place in the United States.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.