secwatch.observer — SEC 8-K summary
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Issuer:     EMERSON ELECTRIC CO (EMR)
CIK:        0000032604
Form:       8-K
Filed at:   2023-04-06T23:59:59+00:00
Accession:  0000032604-23-000027
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Emerson Q1 FY2023 adj. EPS $0.78 flat YoY; revenue up 7% to $3.37B
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- GAAP EPS from continuing ops $0.56 vs $1.25 YoY, down 55% due to prior-year gain on subordinated interest.
- Adjusted EPS from continuing ops $0.78 vs $0.79 YoY; adjusted EBITA margin 19.7% vs 20.1%.
- Intelligent Devices segment sales $2.54B (+1% reported, +5% underlying); Software & Control sales $849M (+30% reported, +10% underlying).
- AspenTech contributed $243M sales (vs $82M) but GAAP segment EBIT -$33M; adjusted segment EBITA $88M.
- Underlying sales growth for total company in fiscal 2022 was 7% (Q1 6%, Q2 7%, Q3 4%, Q4 11%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/32604/000003260423000027/0000032604-23-000027-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/32604/000003260423000027/emr-20230406.htm
  HTML page:      https://secwatch.observer/filing/0000032604-23-000027

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