Emerson In-Line, Optimistic Guidance
Emerson Electric Company (NYSE:EMR) released its first quarter 2012 earnings results, reporting earnings per share from continuing operation of 50 cents, in line with the Zacks Consensus Estimate. Earnings for the quarter were down 21.0% year over year. Profits continue to be impacted by damage caused by the Thailand floods. Total revenue was $5.3 billion, [...]
Emerson Electric Company (NYSE:EMR) released its first quarter 2012 earnings results, reporting earnings per share from continuing operation of 50 cents, in line with the Zacks Consensus Estimate. Earnings for the quarter were down 21.0% year over year. Profits continue to be impacted by damage caused by the Thailand floods.
Total revenue was $5.3 billion, down 4% year over year. Underlying sales also declined 4% with U.S. sales down 4% and total international sales down 3%. Supply chain … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards