Emerson Electric Co. Earnings Overview: Q4 2024 Financial Performance
Emerson Electric Q4 2024 Earnings Highlights
Emerson Electric Co. (NYSE: EMR) has made headlines in business news with its recent financial results. The company's latest earnings report demonstrates a year-over-year increase in sales and profits, reflecting its robust market position and strategic focus on industrial automation.
Financial Performance Metrics
- Net Sales: Increased by 13% to $4.62 billion compared to $4.09 billion in Q4 2023.
- Reported Earnings: Rose to $996 million, translating to $1.73 per share, up from $744 million or $1.29 per share last year.
- Adjusted Profit: Rose 15% year-over-year to $1.48 per share.
Future Outlook
Looking ahead, Emerson Electric anticipates net sales growth between 3.5% and 5.5% for fiscal 2025. The company projects full-year profit, including special items, to range between $4.42 and $4.62 per share. Additionally, adjusted earnings per share are expected to fall between $5.85 and $6.05, indicating a positive outlook in the software and industrial automation sectors.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.