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Emerson Electric logoEmerson Electric EMR

The company said Net Sales for Q2 (ended March 31) rose 17% to $4,376 million from $3,756 million a year earlier, and Adjusted Earnings Per Share was $1.36 (versus $1.09 a year earlier, 25%).

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said Net Sales for Q2 (ended March 31) rose 17% to $4,376 million from $3,756 million a year earlier, and Adjusted Earnings Per Share was $1.36 (versus $1.09 a year earlier, 25%).

  2. The company said GAAP Earnings Per Share for Q2 was $0.87, down 5% from $0.92 a year earlier, and that Pretax Earnings margin fell 210 basis points to 14.9% from 17.0%.

  3. The company said Operating Cash Flow for Q2 was $757 million and Free Cash Flow was $675 million, and it set 2024 full-year Free Cash Flow at about $2.7B.

  4. The company said on May 7, 2024 its Board of Directors elected Calvin G. Butler, Jr. as a director effective August 1, and that he will receive restricted stock units valued at $87,500.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Fiscal 2024 Q2 Sales and Adjusted EPS

The company said Net Sales for Q2 (ended March 31) rose 17% to $4,376 million from $3,756 million a year earlier, and Adjusted Earnings Per Share was $1.36 (versus $1.09 a year earlier, 25%).

Source · Based on the filing body and exhibits

GAAP EPS and Pretax Earnings Margin

The company said GAAP Earnings Per Share for Q2 was $0.87, down 5% from $0.92 a year earlier, and that Pretax Earnings margin fell 210 basis points to 14.9% from 17.0%.

Source · Based on the filing body and exhibits

Q2 Cash Flow and Fiscal 2024 Free Cash Flow Outlook

The company said Operating Cash Flow for Q2 was $757 million and Free Cash Flow was $675 million, and it set 2024 full-year Free Cash Flow at about $2.7B.

Source · Based on the filing body and exhibits

Calvin G. Butler, Jr. Elected as Independent Director

The company said on May 7, 2024 its Board of Directors elected Calvin G. Butler, Jr. as a director effective August 1, and that he will receive restricted stock units valued at $87,500.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.