Australia markets close in 43 minutes
  • ALL ORDS

    7,743.20
    -28.60 (-0.37%)
     
  • ASX 200

    7,534.90
    -23.20 (-0.31%)
     
  • AUD/USD

    0.6940
    +0.0016 (+0.23%)
     
  • OIL

    73.50
    +0.11 (+0.15%)
     
  • GOLD

    1,889.70
    +13.10 (+0.70%)
     
  • BTC-AUD

    33,011.64
    -832.76 (-2.46%)
     
  • CMC Crypto 200

    525.58
    -11.27 (-2.10%)
     
  • AUD/EUR

    0.6424
    +0.0013 (+0.21%)
     
  • AUD/NZD

    1.0964
    +0.0029 (+0.27%)
     
  • NZX 50

    12,197.15
    +44.95 (+0.37%)
     
  • NASDAQ

    12,573.36
    -229.74 (-1.79%)
     
  • FTSE

    7,901.80
    +81.64 (+1.04%)
     
  • Dow Jones

    33,926.01
    -127.89 (-0.38%)
     
  • DAX

    15,476.43
    -32.77 (-0.21%)
     
  • Hang Seng

    21,160.25
    -500.22 (-2.31%)
     
  • NIKKEI 225

    27,706.39
    +196.93 (+0.72%)
     

Emerson Electric Full Year 2022 Earnings: EPS Beats Expectations

Emerson Electric (NYSE:EMR) Full Year 2022 Results

Key Financial Results

  • Revenue: US$19.6b (up 7.6% from FY 2021).

  • Net income: US$3.23b (up 40% from FY 2021).

  • Profit margin: 17% (up from 13% in FY 2021). The increase in margin was driven by higher revenue.

  • EPS: US$5.45 (up from US$3.85 in FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Emerson Electric EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%.

Looking ahead, revenue is expected to decline by 3.0% p.a. on average during the next 3 years, while revenues in the Electrical industry in the US are expected to grow by 9.7%.

Performance of the American Electrical industry.

The company's shares are up 5.7% from a week ago.

Risk Analysis

It's necessary to consider the ever-present spectre of investment risk. We've identified 2 warning signs with Emerson Electric (at least 1 which doesn't sit too well with us), and understanding these should be part of your investment process.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Join A Paid User Research Session
You’ll receive a US$30 Amazon Gift card for 1 hour of your time while helping us build better investing tools for the individual investors like yourself. Sign up here