Emerson (EMR) Q1 earnings decline by double digits year over year. Revenues increase 7% year over year driven by solid segmental performance.
Emerson Electric (EMR) delivered earnings and revenue surprises of -11.36% and 2.71%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Emerson (NYSE: EMR) today reported results for its first quarter ended December 31, 2022 and updated its full year outlook for fiscal 2023, which are presented on a continuing operations basis.