Emerson posts Q4 adjusted EPS $1.29 (+21% YoY); provides FY 2024 outlook with adj. EPS $5.15-$5.35

EMERSON ELECTRIC CO

2023-FY EPS reported $22.88 revenue$15,165,000,000

Q4 net sales $4,090M (+5% YoY); FY net sales $15,165M (+10%).
Q4 GAAP EPS $1.22 (vs $0.82); adjusted EPS $1.29 (vs $1.07).
FY 2023 GAAP EPS $3.72 (vs $3.16); adjusted EPS $4.44 (vs $3.64).
Declares quarterly dividend $0.525/share, payable Dec 11 to holders Nov 17.
FY 2024 guidance: adj. EPS $5.15-$5.35, underlying sales growth 4%-6%, free cash flow $2.6-$2.7B.

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