Emerson Electric (NYSE:EMR) reported its Q1 earnings results on Wednesday, February 2, 2022 at 06:55 AM.
Here's what investors need to know about the announcement.
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Earnings
Emerson Electric beat estimated earnings by 6.06%, reporting an EPS of $1.05 versus an estimate of $0.99, which did not surprise analysts.
Revenue was up $312.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03, which was followed by a 1.98% increase in the share price the next day.
Here's a look at Emerson Electric's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.18 | 0.97 | 0.90 | 0.68 |
| EPS Actual | 1.21 | 1.09 | 0.97 | 0.83 |
| Revenue Estimate | 5.09B | 4.57B | 4.36B | 3.98B |
| Revenue Actual | 4.95B | 4.70B | 4.43B | 4.16B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
