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More on Emerson Electric's (EMR) FQ1: Thailand flooding biggest negative impact on sales and...

More on Emerson Electric's (EMR) FQ1: Thailand flooding biggest negative impact on sales and profit dropoff. Industrial Automation was best performing segment, increasing sales by 2% Y/Y to $1.21B despite higher materials costs. Sees sales growth of 2%-4% in FY12 with EPS falling in a range of $3.45-$3.60. Shares -0.2% premarket. (PR)

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Comments (1)
  • jstratt
    , contributor
    Comments (2727) | Send Message
     
    EMR is a great company and I was overweight going into earnings. I was concerned about EMR earnings coming in and sold some shares.

     

    Yesterday I intended to sell some more shares and then the stock took off $1 higher so I figured earnings news was leaking out. My concerns were just this earnings period and think EMR is good for the long term.
    7 Feb 2012, 03:29 PM Reply Like
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