Emerson Electric (EMR) Reports Q2 EPS of 65c, Offers FY15 Guidance

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Emerson Reports Second Quarter 2015 Results

May 5, 2015 7:00 AM EDT

Net sales of $5.4 billion decreased 7 percent, with underlying sales flat Reported earnings per share increased 84 percent to $1.42. Adjusted earnings per share decreased 16 percent to $0.65, excluding a $0.77 gain on the sale of the power transmission solutions business Share repurchase accelerated to $869 million in the quarter Over the past twelve months $3.1 billion has been returned to shareholders through dividends and share repurchase

ST. LOUIS--(BUSINESS WIRE)-- Emerson (NYSE: EMR) today announced that net sales in the second quarter ended... More