The Latest Breaking News from EMR

Emerson Electric Co (NYSE:EMR) reported first-quarter FY22 net sales growth of 8% year-over-year to $4.47 billion, in line with the consensus of $4.47 billion. Underlying sales were up 8%. Adjusted EPS improved 13% Y/Y to $1.05, beating the consensus of $0.99. Sales by segments: Measurement & Analytical Instrumentation $735 million (+5.3% Y/Y), Valves, Actuators…

Rising inflation and the Fed’s signal that it will raise interest rates multiple times this year fostered high market volatility last month. And although the major market indexes rose for the third consecutive trading session yesterday, many analysts expect the market to remain volatile this year. Given this backdrop, we…