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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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.