Emerson Electric: Here’s What Investors Need to Know Before Earnings
Emerson Electric (NYSE:EMR) will report earnings before markets open on Tuesday, May 7th. Emerson Electric Co. manufactures and markets electrical, electromechanical, and electronic products and systems. The Company produces a variety of products, including process control, industrial automation, electronics, appliance components, and electric motors. Emerson sells its products around the world.
Here is your Cheat Sheet to Emerson Electric Earnings:
Earnings Expectations: Analysts expect earnings of $0.78 per share on revenues of $6.03 billion. Currently, the company’s P/E ratio stands at 19.45.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $1.06 and has not changed. For the current year, the average estimate is a profit of $3.59, which is the same as the estimate ninety days ago.
Here’s how Emerson Electric has been performing on an annual basis:
|Revenue ($) in millions||24,810||20,100||21,040||24,220||24,410|
|Diluted EPS ($)||3.06||2.27||2.84||3.27||2.67|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||5,309||5,919||6,484||6,700||5,553|
|Diluted EPS ($)||0.50||0.74||1.04||0.3869||0.62|
Emerson Electric has beat analyst estimates 2 times in the past four quarters. This is not consistent enough to get bullish yet.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)