secwatch.observer — SEC 8-K summary
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Issuer:     EMERSON ELECTRIC CO (EMR)
CIK:        0000032604
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0000032604-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Emerson Q1 beats: adj EPS $1.22 vs $0.78 YoY; raises FY2024 adj EPS outlook to $5.30-$5.45
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- Net sales $4,117M (+22% YoY); underlying sales +10% YoY; adjusted segment EBITA margin 24.6% (+190 bps).
- GAAP EPS $0.25 (-55% YoY) on restructuring and acquisition costs; adjusted EPS $1.22 (+56% YoY).
- Operating cash flow $444M (+47%); free cash flow $367M (+51%).
- Quarterly dividend of $0.525 per share declared, payable March 11 to holders of record Feb 16.
- FY2024 outlook raised: adj EPS $5.30-$5.45, underlying sales growth 4.5%-6.5%, OCF $3.0-$3.1B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/32604/000003260424000004/0000032604-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/32604/000003260424000004/emr-20240207.htm
  HTML page:      https://secwatch.observer/filing/0000032604-24-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer