Emerson Electric Reports 8% Sales Growth In Q1; Raises FY22 Guidance
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…
Benzinga ·