Emerson Electric EMR reported its Q3 earnings results on Tuesday, August 9, 2022 at 06:55 AM.
Here's what investors need to know about the announcement.
Emerson Electric beat estimated earnings by 6.15%, reporting an EPS of $1.38 versus an estimate of $1.3.
Revenue was up $308.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.11 which was followed by a 2.31% drop in the share price the next day.
Here's a look at Emerson Electric's past performance:
|Quarter||Q2 2022||Q1 2022||Q4 2021||Q3 2021|
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Emerson Electric management provided guidance for FY 2022, expecting earnings between $5.05 and $5.15 per share.
To track all earnings releases for Emerson Electric visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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