Emerson Electric Q2 2024 earnings exceed expectations, reporting a 17% increase in net sales to $4.376bn and raising full-year 2024 outlook.

Emerson Electric reported strong Q2 2024 earnings, exceeding analyst expectations with a 17% increase in net sales to $4.376bn. Adjusted EPS rose 25% to $1.36. The company raised its full-year 2024 outlook, anticipating adjusted EPS between $5.40 and $5.50, reflecting strong demand for its valves, regulators, and actuators in the chemical, oil, and gas industries.

May 08, 2024
6 Articles