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Stock Market & Financial Investment News

News Breaks
December 20, 2012
08:25 EDTEMREmerson reports flat orders growth for trailing three-month to November
Emerson disclosed in a regulatory filing that its trailing three-month orders were flat for November, as cautious business investment continued to reflect global economic uncertainty. Order trends improved in Network Power, Climate Technologies, and Commercial & Residential Solutions, and growth in Process Management continued, the company said. Industrial Automation demand remained weak. Currency translation added 3% points. Poor market visibility and mixed economic indicators in the U.S., Europe, and China are expected to result in slow and choppy order patterns in the near term, according to Emerson.
News For EMR From The Last 14 Days
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February 11, 2016
15:34 EDTEMREmerson targets 2016-2019 total sales growth 4%-7%
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07:51 EDTEMREmerson to host investor meeting
Investor meeting to be held in Austin, Texas on February 11 at 9 am. Webcast Link
February 2, 2016
15:04 EDTEMREmerson sees underlying sales turning positive in Q3
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07:10 EDTEMREmerson sees Q2 adjusted EPS 60c-65c, consensus 64c
Figure excludes roughly $75M of separation costs. Reported earnings per share are expected to be 49c-54c. Underlying sales for the second quarter are expected to decline approximately 4%-6% percent excluding negative currency translation and an impact from divestitures of approximately 2% each. Reported sales for the second quarter are expected to be down approximately 8%-10%, consensus $4.91B. Sees FY16 operating cash flow roughly $3B.
07:08 EDTEMREmerson backs FY15 adjusted EPS view $3.05-$3.25, consensus $3.03
The company expects difficult conditions to persist in served markets during fiscal 2016. These market conditions were anticipated and have not changed the company's view of its financial objectives that were developed heading into this fiscal year. Underlying sales for 2016 are still expected to be down approximately 2%-5% excluding negative currency translation of approximately 2% and a 2% deduction from completed divestitures. Reported sales are expected to be down approximately 6%-9%, consensus $20.54B. The company affirms its guidance for adjusted earnings per share of approximately $3.05-$3.25, which excludes estimated separation expenses of approximately $250M-$350M related to the planned spinoff of Network Power and the potential divestitures of the Motors and Drives and Power Generation businesses. As a result of these lower separation costs, which were previously expected to be approximately $50M higher, reported earnings per share are expected to be approximately $2.55 to $2.90.
07:05 EDTEMREmerson reports Q1 adjusted EPS 56c, consensus 51c
Reports Q1 revenue $4.7B, consensus $4.64B. Adjusted EPS figure excludes 3c for separation costs related to the strategic portfolio repositioning.
February 1, 2016
14:32 EDTEMRNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's open, with earnings consensus, include Exxon Mobil (XOM), consensus 64c... Pfizer (PFE), consensus 52c... United Parcel Service (UPS), consensus $1.42... Dow Chemical (DOW), consensus 70c... Emerson Electric (EMR), consensus 51c... Archer-Daniels-Midland (ADM), consensus 66c... Baxter (BAX), consensus 32c... Sirius XM (SIRI), consensus 3c... Royal Caribbean Cruises (RCL), consensus 92c... Ally Financial (ALLY), consensus 51c... Michael Kors (KORS), consensus $1.46... ADT Corp. (ADT), consensus 46c.
14:14 EDTEMREmerson volatility elevated into Q4 and outlook
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