What's your position on ?
Why are you ish?
You voted ish on Vote again
Posts appear on the My Feed page of subscribers to this ticker
Tue, Feb. 2, 9:53 AM
Tue, Feb. 2, 7:45 AM
- Adjusted earnings fell 25% to $0.56 per share vs. $0.75 in the comparable quarter a year ago.
- Revenue by segment: Process Management -14%; Industrial Automation -30%; Network Power -6%; Climate Technologies -13%; Commercial & Residential Solutions -18%.
- Emerson expects difficult conditions to persist during fiscal 2016. The market conditions were anticipated, however, and have not changed the company's financial objectives that were developed heading into this fiscal year.
- Adjusted earnings per share for the second-quarter and full-year are expected to be approximately $0.60-$0.65 and $3.05-$3.25, respectively.
- EMR -0.2% premarket
- FQ1 results
Tue, Feb. 2, 7:01 AM
Mon, Feb. 1, 5:30 PM
Dec. 21, 2015, 8:48 AM
- Emerson Electric (NYSE:EMR) drops 1.3% premarket after the company's trailing three-month orders fell 13% on low oil prices, reduced levels of industrial capital spending, demand weakness in emerging markets, and strength of the U.S. dollar.
- Reported sales for the first quarter are anticipated to decrease approximately 17%, while reported earnings per share are expected to be approximately $0.50.
- SEC Form 8-K
Nov. 20, 2015, 11:30 AM
- Market growth remains challenging whether there is an industrial recession or not, so investors should focus on stocks with strong end markets, particularly Allegion (ALLE +0.3%) and Danaher (DHR +0.5%), Bernstein's Steven Winoker says.
- Other stocks in a lower but still generally favorable tier include General Electric (GE +0.8%), Honeywell (HON +0.9%), Ingersoll-Rand (IR +0.9%) and 3M (MMM +0.7%), as these companies are exposed to favorable end markets but also to meaningfully weak markets, the analyst says.
- Aside from their portfolio transformations, DHR and GE have benefited and should continue to benefit from their above-average growth profiles in the current low-growth environment, Winoker says.
- Energy-heavy Dover (DOV +0.2%), Pentair (PNR +0.4%) and Emerson Electric (EMR +0.2%) remain the most challenged, according to Winoker, while Eaton (ETN +1.1%), Rockwell Automation (ROK +0.5%) and Tyco (TYC -0.2%) have a mix of tailwinds and headwinds, with the former more challenged on hydraulics/trucks and the latter two on energy.
- Winoker sees limited downside for DOV, which is highly linked to crude oil prices but is performing well in the ~80% of its portfolio not linked to oil.
- Earlier: Low expectations are no longer enough for multi-industry stocks, analyst says (Nov. 19)
Nov. 19, 2015, 6:25 PM
- A sluggish U.S. economy is likely to make life tough next year for industry conglomerates such as Danaher (NYSE:DHR), Honeywell (NYSE:HON), Tyco (NYSE:TYC), Emerson Electric (NYSE:EMR) and General Electric (NYSE:GE), says Bernstein's Steven Winoker.
- The analyst notes that Q3 saw 12 of Bernstein's 13 covered companies miss on revenues, 10 either lower FY 2015 EPS guidance or issue below-consensus FY 2016 guidance, and none raise growth guidance, yet 10 stocks outperformed during earnings season.
- The companies "can’t transform their way out of the reality of a low growth world, which became even more challenging this quarter, with an indication of the worst still to come," Winoker writes, expecting guidance conservatism from the group during investor meetings before the end of the year.
- Also: MMM, ROK, IR, ETN, ALE, IEX
Nov. 3, 2015, 8:08 AM
- Adjusted earnings fell 29% to $0.93 per share vs. $1.30 in the comparable quarter a year ago.
- Revenue by segment: Process Management -16%; Industrial Automation -28%; Network Power -10%; Climate Technologies -8%; Commercial & Residential Solutions -1%.
- "Fiscal 2015 was a challenging year as we faced extended downward pressure on sales and earnings from strong economic headwinds that affected results across our business," said CEO David N. Farr. "We expect these difficult market conditions through at least the first half of fiscal 2016."
- The company now expects net sales to decline 6% to 8% for fiscal 2016, and anticipates adjusted earnings per share of $3.05-$3.25 vs. $3.17 in 2015.
- FQ4 results
- EMR -0.3% premarket
Nov. 3, 2015, 7:48 AM
- Emerson Electric (NYSE:EMR): FQ4 EPS of $0.93 misses by $0.04.
- Revenue of $5.81B (-14.7% Y/Y) misses by $20M.
Nov. 2, 2015, 5:30 PM
- ADM, AFSI, ALE, AMAG, AMSC, ANAC, ANIP, ARIA, AUDC, AXLL, AYR, BLMN, CBM, CDK, CEQP, CIE, CIT, DISCA, DNOW, EMR, EXPD, FI, FIS, FLWS, FSS, FTR, GCAP, GEL, GLDD, GLT, GTN, H, HCP, HRS, HTH, HW, HYH, IART, INCY, K, KMT, LPX, MBLY, MDCO, MHFI, MLM, MMP, MOS, NCLH, NGLS, NI, NMM, NNN, NRZ, NS, [[NTi]], NWN, NXST, NXTM, ODP, OZM, PERI, RDC, RHP, RRGB, SALE, SGNT, SMG, SRE, SSH, SUP, TASR, TGH, TRP, TWI, TZOO, UAM, UNT, VMC, VSH, WLK, WNR, WPC, WPG, ZTS
Sep. 3, 2015, 3:12 PM
- How bad a year has it been for multi-industry stocks? Year-to-date underperformance relative to the S&P 500 is among the poorest in a decade and has gotten worse in recent weeks, say Goldman analyst Joe Ritchie and team. The negative news is no secret: Broad industrial de-stock, softening oil capex, the strong dollar, and the troubles in China. Because of this, the team remains Neutral on the beaten-up sector, but does have a few names investors should steer clear of:
- With de-stock keeping U.S. industrial growth in a "headlock," the implications are particularly negative for Sell-rated Emerson Electric (NYSE:EMR), WW Grainger (NYSE:GWW), and Neutral-rated Parker-Hannifin (NYSE:PH) and Rockwell Automation (NYSE:ROK).
- With oil capex going from bad to worse, and oil lower for longer, the Street is underestimating the impact of price declines for Dover (NYSE:DOV), Emerson, and Flowserve (NYSE:FLS). On the flip side, lower input costs should be a boon to Buy-rated Illinois Tool Works (NYSE:ITW) and Neutral-rated 3M (NYSE:MMM).
- The weaker China backdrop is most negative for Emerson, and Neutral-rated Eaton (NYSE:ETN) and Colfax (NYSE:CFX). Though Buy-rated Honeywell (NYSE:HON) and ITT Corp (NYSE:ITT) have exposure, growth is more insulated due to their market share gains.
- Source: Barron's Ben Levinsohn
- ETFs: XHB, ITB, XLI, PHO, IYT, ITA, VIS, PPA, XTN, XAR, FIDU, PKB, IYJ, FXR, UXI, PRN, RGI, SIJ, PSCI, AIRR
Aug. 4, 2015, 12:09 PM
- Emerson Electric (NYSE:EMR) declares $0.47/share quarterly dividend, in line with previous.
- Forward yield 3.72%
- Payable Sept. 10; for shareholders of record Aug. 14; ex-div Aug. 12.
Aug. 4, 2015, 7:46 AM
- Emerson Electric (NYSE:EMR): FQ3 EPS of $0.84 beats by $0.01.
- Revenue of $5.5B (-12.8% Y/Y) misses by $130M.
Aug. 3, 2015, 5:30 PM
- ABMD, ADM, AET, AFSI, ALE, ALLT, ALR, AME, ANIP, ARCC, BLMN, BPI, BZH, CAS, CBT, CHD, CHTR, CIE, COH, CRCM, CRTO, CVS, DWRE, EIGI, ELOS, EMR, ETR, EXH, EXLP, EXPD, FRM, FUN, GEO, GLDD, GLT, H, HAR, HCN, HCP, HEP, HNT, HW, HYH, IIVI, INCY, K, KLIC, LPX, LRN, LXP, MDC, MGM, MLM, MNK, MNTA, MOS, MPW, NAO, NCLH, NGLS, NRG, [[NTi]], NWN, NYLD, ODP, OZM, PH, REGN, RHP, RRD, SABR, SCOR, SGNT, SMG, SNI, SRE, STE, STWD, TDG, TGH, TICC, TIME, UNT, USAK, VMC, VSH, VTG, WLK, WNR, WPC, WRES, ZTS
Jun. 30, 2015, 7:08 AM
- Emerson Electric (NYSE:EMR) has announced plans to spin off its Network Power unit and explore other strategic actions. Last year, profit in the business fell 17% to $459M, while sales declined 18% to $5.1B.
- The spin-off will be through a tax-free distribution to shareholders and will result in two separate companies with distinct strategies and investment profiles.
- The transactions are expected to be completed by September 30, 2016.
Jun. 29, 2015, 10:57 AM
- Emerson Electric (EMR -0.8%) is poised to buy Spectronix, an Israeli company which develops fire detection systems, for $99M, Globes reports.
- The purchase price consists of $79M in cash and $20M that will be distributed to investors as a dividend.
- Spectronix's 2014 revenue totaled $40.1M; net profit totaled $5.3M.
Other News & PR