Emerson Electric Company ($EMR) Stock Forecast: Up 7.1% Today

What is Emerson Electric Company?

Emerson Electric (EMR) is a company that specializes in technology and engineering solutions for industrial, commercial, and consumer markets. Today, the stock had a strong bullish movement in the market.

Why is Emerson Electric Company going up?

EMR stock is up 7.1% on Nov 5, 2024 20:41

• The fourth-quarter fiscal 2024 sales for Emerson Electric increased by 13% year over year, primarily due to the impressive performance of the Intelligent Devices segment.
• Emerson Electric reported net sales growth that beat consensus estimates, with underlying sales and orders also showing positive growth trends.
• The company surpassed Q4 earnings and revenue estimates, indicating strong financial performance and market confidence.
• Despite a slight -0.69% dip in the stock price in the latest trading session, the overall positive earnings beat and growth forecast have likely contributed to the bullish movement of Emerson Electric's stock.

EMR Price Chart

EMR Technical Analysis

EMR News

Emerson Q4 Earnings Beat, Intelligent Devices Sales Rise Y/Y

EMR's fourth-quarter fiscal 2024 sales increase 13% year over year, driven by the impressive performance of the Intelligent Devices segment.

https://www.zacks.com/stock/news/2364613/emerson-q4-earnings-beat-intelligent-devices-sales-rise-yy

Emerson Electric Gains On Q4 Earnings Beat And FY25 Growth Forecast: Eyes AspenTech Buyout - Emerson Electric ( NYSE:EMR )

Emerson Electric Company EMR shares traded higher on Tuesday after the company reported fourth-quarter FY24 results. Net sales growth of 13% year over year to $4.62 billion, beating the consensus of $4.57 billion. Underlying sales were up 4%, and underlying orders increased by 2% in the quarter.

https://www.benzinga.com/news/earnings/24/11/41748679/emerson-electric-gains-on-q4-earnings-beat-and-fy25-growth-forecast-eyes-aspentech-buyout

Emerson Electric ( EMR ) Surpasses Q4 Earnings and Revenue Estimates

Emerson Electric (EMR) delivered earnings and revenue surprises of 0.68% and 0.94%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

https://www.zacks.com/stock/news/2364061/emerson-electric-emr-surpasses-q4-earnings-and-revenue-estimates

Emerson Electric Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Emerson Electric ( NYSE:EMR )

Emerson Electric Co. EMR will release earnings results for its fourth quarter, before the opening bell on Tuesday, Nov. 5. Analysts expect the Saint Louis, Missouri-based company to report quarterly earnings at $1.47 per share, up from $1.29 per share in the year-ago period.

https://www.benzinga.com/news/earnings/24/11/41735751/emerson-electric-gears-up-for-q4-print-here-are-the-recent-forecast-changes-from-wall-streets-most-

Emerson Electric ( EMR ) Stock Moves -0.69%: What You Should Know

In the latest trading session, Emerson Electric (EMR) closed at $108.27, marking a -0.69% move from the previous day.

https://www.zacks.com/stock/news/2362189/emerson-electric-emr-stock-moves--069-what-you-should-know

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Emerson Electric Company Price History

05.10.2024 - EMR Stock was up 7.5%

• Emerson Electric (EMR) surpassed Q4 earnings and revenue estimates, indicating strong financial performance.
• Analysts expected the company to report higher quarterly earnings compared to the year-ago period, reflecting positive growth prospects.
• The stock closed with a slight decrease in the previous trading session, but the overall positive earnings outlook likely drove the bullish movement.
• EMR's Q4 results are anticipated to benefit from momentum in energy and power markets, despite potential margin impacts from high operating expenses.

05.10.2024 - EMR Stock was up 7.5%

• Emerson Electric (EMR) had a strong bullish movement today.
• The surpassing of Q4 earnings and revenue estimates contributed to the bullish trend, indicating strong financial performance.
• Positive forecast changes by analysts and expectations of higher quarterly earnings also helped drive the bullish sentiment.
• Investor confidence in EMR's growth prospects was likely boosted by the anticipated benefits from solid momentum in energy and power end markets as well as strategic acquisitions.

29.09.2024 - EMR Stock was up 0.7%

• Emerson Electric's stock price saw a slight decrease, but the positive market movement likely prompted investors to see this as a buying opportunity, resulting in heightened demand for EMR shares.
• The marginal drop in EMR's stock price may be due to profit-taking by some investors following a period of growth and potential concerns regarding company-specific performance factors.
• Investors should focus on Emerson Electric's long-term growth potential and solid fundamentals rather than getting caught up in short-term price changes to make well-informed investment choices given the current market conditions.

05.10.2024 - EMR Stock was up 7.1%

• Emerson Electric (EMR) exhibited a significant bullish trend today after surpassing Q4 earnings projections and expressing a positive outlook for FY25 growth.
• Demonstrating a 13% year-over-year surge in net sales that exceeded expectations, Emerson Electric's strong performance influenced favorable market sentiment.
• Investor confidence was further bolstered by the company's potential acquisition plans for AspenTech.
• In summary, Emerson Electric's recent financial results and strategic initiatives are likely driving the stock's upward movement in the market.

05.10.2024 - EMR Stock was up 7.1%

• The fourth-quarter fiscal 2024 sales for Emerson Electric increased by 13% year over year, primarily due to the impressive performance of the Intelligent Devices segment.
• Emerson Electric reported net sales growth that beat consensus estimates, with underlying sales and orders also showing positive growth trends.
• The company surpassed Q4 earnings and revenue estimates, indicating strong financial performance and market confidence.
• Despite a slight -0.69% dip in the stock price in the latest trading session, the overall positive earnings beat and growth forecast have likely contributed to the bullish movement of Emerson Electric's stock.

08.04.2024 - EMR Stock was up 5.1%

• Emerson Electric reported impressive second-quarter earnings, beating both EPS and revenue estimates, showcasing strong financial performance.
• The company's net sales growth of 17% year-over-year to $4.38 billion exceeded market expectations, indicating robust business operations.
• Despite a slight decline in underlying orders, the overall positive earnings report and outlook for sales growth tightened by the company contributed to the bullish market movement of EMR stock.
• Investors reacted positively to the earnings beat and optimistic future prospects, driving the stock price higher as a result of the strong financial performance.

09.04.2024 - EMR Stock was up 5.7%

• EMR posted better-than-expected results for its second quarter, with net sales growth of 17% year-over-year and adjusted EPS improving by 25% year-over-year.
• The company beat analyst estimates for both earnings per share and revenue for Q2 2024, showcasing strong financial performance.
• Despite the positive earnings report, EMR shares traded lower as underlying orders declined by 1% year-over-year in the quarter, leading to some investor caution.
• The mixed trading of U.S. stocks towards the end of the day, with the Dow Jones index gaining over 150 points, also contributed to the overall bullish sentiment in the market, benefiting EMR's upward movement.

08.04.2024 - EMR Stock was up 3.1%

• Emerson Electric (EMR) recorded a 17% year-on-year growth in net sales for the second quarter of fiscal year 2024, surpassing market expectations, which contributed to the positive momentum in the stock.
• Despite a slight 1% year-on-year decrease in underlying orders, Emerson Electric's decision to tighten its full-year sales growth forecast and raise profit expectations due to consistent demand for measurement tools, instilled confidence among investors.
• The earnings surpass and favorable revenue outcomes in Q2 2024 demonstrate promising performance and growth opportunities for Emerson Electric, thereby driving the bullish sentiment in the market.
• Overall, the market responded positively to Emerson Electric's strong financial results and optimistic projections, resulting in a significant bullish movement in the stock.

07.01.2024 - EMR Stock was up 10.3%

• The bullish movement in EMR stock today can be attributed to the following factors:
• 1. Strong guidance: Emerson Electric's shares rose as the company's guidance exceeded expectations. This positive outlook for future performance likely boosted investor confidence and contributed to the bullish movement.
• 2. Solid financial results: Emerson Electric reported better-than-expected first-quarter earnings, with revenues increasing by 22.1% year over year. The strong segmental performance, particularly in Measurement & Analytical and Control Systems & Software, likely impressed investors and drove the stock higher.
• 3. Market optimism: The broader market trend of U.S. stocks trading higher, with the Dow Jones gaining around 150 points, may have also influenced the bullish movement in Emerson Electric's stock. Positive sentiment and overall market optimism can have a spillover effect on individual stocks.
• Overall, the combination of strong guidance, solid financial results, and favorable market conditions likely contributed to the bullish movement in Emerson Electric's stock today.

07.07.2024 - EMR Stock was down 8.4%

• Emerson Electric exceeded earnings per share (EPS) estimates but fell short of revenue expectations for Q3 2024, resulting in a varied response from investors.
• Despite strong sales growth and an updated 2024 outlook, the stock traded lower, potentially influenced by concerns surrounding revenue and future performance.
• The company's better-than-anticipated earnings and revenue for the fiscal third quarter were not enough to counterbalance the market's reaction to the revenue shortfall.
• Emerson Electric's choice to increase its adjusted earnings guidance and announce a dividend could offer some stability in the short term, but today's downturn may be linked to the revenue miss and investor sentiment.

07.07.2024 - EMR Stock was down 6.0%

• Despite posting strong Q3 sales growth and beating earnings estimates, Emerson Electric's stock experienced a bearish movement.
• The market reaction could be due to investors possibly having higher expectations for the company's performance, leading to a sell-off after the positive news was already priced in.
• The revision of the full-year outlook and the slight decrease in Q3 profit, even though it beat expectations, might have contributed to a more cautious sentiment among investors, resulting in the bearish movement.
• Overall, the market movement for EMR today could be a classic case of "buy the rumor, sell the news" scenario, where investors took profits after the positive earnings reports.

07.07.2024 - EMR Stock was down 5.4%

• Emerson Electric adjusted its full-year expectations, anticipating a decrease in net income per share for the year. This adjustment likely influenced the stock's decline.
• Despite surpassing earnings projections, the stock faced a downturn due to the revised guidance, triggering a negative market response.
• Although the company raised its adjusted earnings guidance for 2024, this positive development was overshadowed by the downward revision for the current year.
• Investors had mixed responses. While shares ticked up post missing earnings estimates, it reflects uncertainty and volatility in EMR's performance and future outlook.