Emerson Electric Co(EMR) reported that fourth quarter net earnings declined to $506 million or $0.67 per share from $688 million or $0.88 per share in the year-ago period.
On average, 18 analysts polled by Thomson Reuters expected earnings per share of $0.60 for the quarter. Analysts' estimate typically exclude special items.
Quarterly net sales slid 21% to $5.32 billion from $6.7 billion in the previous year. Underlying sales in the quarter declined 20%, which excludes a 2% unfavorable impact from currency exchange rates and a 1% positive impact from acquisitions. Thirteen analysts estimated revenues of $5.30 billion for the quarter.
The company predicts first quarter underlying sales to be down 17 % to 20% and Consolidated Sales to decline 12% -15%.
Looking ahead, the company expects fiscal 2010 underlying sales to be down 5% to 7% and consolidated sales to be between up 2% and down 2%.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.