The 10-second takeaway
Comparing the upcoming quarter with the prior-year quarter, average analyst estimates predict Emerson Electric's revenues will increase 4.9% and EPS will increase 11.1%.
The average estimate for revenue is $6.60 billion. On the bottom line, the average EPS estimate is $1.00.
Last quarter, Emerson Electric chalked up revenue of $5.92 billion. GAAP reported sales were 1.1% higher than the prior-year quarter's $5.85 billion.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, EPS came in at $0.74. GAAP EPS of $0.74 for Q2 were 1.4% higher than the prior-year quarter's $0.73 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 39.5%, 10 basis points better than the prior-year quarter. Operating margin was 16.5%, 40 basis points worse than the prior-year quarter. Net margin was 9.2%, 30 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $24.72 billion. The average EPS estimate is $3.36.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,382 members out of 1,409 rating the stock outperform, and 27 members rating it underperform. Among 341 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 332 give Emerson Electric a green thumbs-up, and nine give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Emerson Electric is outperform, with an average price target of $57.75.
Can your portfolio provide you with enough income to last through retirement? You'll need more than Emerson Electric. Learn how to maximize your investment income and "Secure Your Future With 9 Rock-Solid Dividend Stocks." Get instant access to this free report.
- Add Emerson Electric to My Watchlist.
Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is the co-advisor of Motley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Emerson Electric. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.