Emerson Sees Q1 Adj. EPS $1.00-$1.05 vs $1.12 Est., Net Sales Growth 14-17.5%
Portfolio Pulse from Benzinga Newsdesk
Emerson Electric Co. (EMR) has projected its Q1 adjusted EPS to be between $1.00 and $1.05, which is lower than the estimated $1.12. However, the company expects a net sales growth of 14-17.5%.
November 07, 2023 | 11:56 am
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Emerson's lower than expected Q1 adjusted EPS forecast may negatively impact its stock price. However, the projected net sales growth could offset this.
Emerson's projected Q1 adjusted EPS is lower than the estimated $1.12, which could disappoint investors and lead to a drop in the stock price. However, the company's expected net sales growth of 14-17.5% could potentially offset this negative impact.
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