Emerson Electric shares are trading higher after the company reported better-than-expected Q3 financial results and raised FY23 adjusted EPS guidance above estimates.
Portfolio Pulse from Benzinga Newsdesk
Emerson Electric reported better-than-expected Q3 financial results and raised its FY23 adjusted EPS guidance above estimates, leading to a rise in its share prices.
August 04, 2023 | 11:25 am
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Emerson Electric's better-than-expected Q3 results and raised FY23 EPS guidance could lead to a positive short-term impact on its stock.
Emerson Electric's strong Q3 results and raised FY23 EPS guidance indicate a positive financial outlook for the company, which is likely to attract investors and drive up the stock price in the short term.
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