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Emerson higher after raising guidance, sees improvements in demand

Feb. 02, 2021 7:57 AM ETEmerson Electric Co. (EMR) StockBy: Yoel Minkoff, SA News Editor3 Comments
  • Emerson's (NYSE:EMR) adjusted EPS rose 24% Y/Y to $0.83 in FQ1, exceeding expectations by $0.15 and driving the stock up 3.4% in premarket trade.
  • Revenue by segment: Automation Solutions +6%; Commercial & Residential Solutions +13%.
  • Operating cash flow of $808M, up 90%; Free

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