Emerson Electric Co. (EMR) announced a profit for fourth quarter that Decreased from the same period last year and missed the Street estimates.
The company's bottom line came in at $558 million, or $0.97 per share. This compares with $636 million, or $1.12 per share, last year.
Excluding items, Emerson Electric Co. reported adjusted earnings of $1.48 per share for the period.
Analysts on average had expected the company to earn $1.62 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period fell 4.9% to $4.619 billion from $4.855 billion last year.
Emerson Electric Co. earnings at a glance (GAAP) :
-Earnings: $558 Mln. vs. $636 Mln. last year.-EPS: $0.97 vs. $1.12 last year.-Revenue: $4.619 Bln vs. $4.855 Bln last year.
Next Quarter EPS Guidance: $1.40
FY26 eps guidance: $6.35 - $6.55
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