secwatch.observer — SEC 8-K summary
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Issuer:     EMERSON ELECTRIC CO (EMR)
CIK:        0000032604
Form:       8-K
Filed at:   2024-05-08T23:59:59+00:00
Accession:  0000032604-24-000021
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Emerson Q2 adjusted EPS $1.36 (+25% YoY), revenue $4.38B (+17%); raises FY2024 guidance to $5.40-$5.50
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- Q2 GAAP EPS $0.87 (-5% YoY); adjusted EPS $1.36 (+25%) on net sales $4.38B (+17% actual, +8% underlying).
- Adjusted segment EBITA margin expanded 140 bps to 26.0%; operating cash flow $757M, free cash flow $675M.
- FY2024 outlook raised: adjusted EPS $5.40-$5.50 (from prior $5.15-$5.35), net sales growth 15-16%.
- Quarterly cash dividend declared at $0.525/share, payable June 10, 2024 to holders of record May 17, 2024.
- Calvin Butler (CEO of Exelon) elected to Board effective Aug 1, 2024, expanding board to 12 members.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/32604/000003260424000021/0000032604-24-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/32604/000003260424000021/emr-20240507.htm
  HTML page:      https://secwatch.observer/filing/0000032604-24-000021

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