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With a market cap of $67.2 billion, Emerson Electric Co. (EMR) is a leading technology and engineering giant providing innovative solutions for industrial, commercial, and residential markets. Emerson delivers advanced automation technologies and services, supporting businesses worldwide. The Missouri-based company is poised to announce its Q1 earnings before the market opens on Wednesday, Feb. 5.
Ahead of the event, analysts expect EMR to report a profit of $1.28 per share, up 4.9% from $1.22 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in all of the last four quarters.