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Emerson Electric exceeds Q1 earnings expectations, reporting $1.22 EPS on $4.1B sales, and forecasts Q2 EPS $1.24.
Emerson Electric, a technology and software company, reported better-than-expected fiscal first-quarter earnings of $1.22 per share on sales of $4.1 billion.
The company expects fiscal second-quarter earnings per share of approximately $1.24, higher than Wall Street's projection of $1.25.
Emerson Electric's shares soared after announcing its quarterly results.
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Emerson Electric supera las expectativas de ganancias del primer trimestre, con un beneficio por acción de 1,22 dólares sobre unas ventas de 4.100 millones de dólares, y prevé un beneficio por acción de 1,24 dólares para el segundo trimestre.