Emerson Electric Shares Up 0.7%; Analysts Project $1.55 EPS
Emerson Electric shares gained 0.7% over the past month versus a 0.8% drop in the S&P 500 and a 6.7% rise in the manufacturing-electronics industry. Analysts forecast $1.55 EPS for the current quarter (+4.7% YoY; 30-day revision -0.9%) and assign a D valuation grade and a Hold rating.
1. Share Performance
Emerson Electric shares rose 0.7% over the past month, outperforming the S&P 500’s 0.8% decline but trailing the manufacturing-electronics industry’s 6.7% advance.
2. Last Quarter Results
In the most recent quarter, revenue reached $4.35 billion (+4.1% year-over-year) and EPS was $1.46, up from $1.38 a year ago, representing a 3.6% earnings surprise and a 0.1% revenue shortfall versus consensus.
3. Analyst Forecasts
Analysts project $1.55 EPS for the current quarter (+4.7% YoY; 30-day revision -0.9%), $6.50 for this fiscal year (+8.3%; +0.7% revision) and $7.14 for next year (+9.8%; +1.1% revision). Consensus sales estimates are $4.63 billion (+4.4%) this quarter, $18.99 billion (+5.4%) this fiscal year and $19.84 billion (+4.5%) next year.
4. Valuation and Rating
The stock carries a D valuation grade, indicating it trades at a premium relative to peers, and is rated Hold. Three of the last four EPS reports beat estimates, while only one revenue report surpassed consensus.