secwatch.observer — SEC 8-K summary
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Issuer:     EMERSON ELECTRIC CO (EMR)
CIK:        0000032604
Form:       8-K
Filed at:   2024-08-07T23:59:59+00:00
Accession:  0000032604-24-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Emerson Q3 2024: Adj EPS $1.43 (+11% YoY), sales $4.38B (+11%), Copeland exit advancing
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- GAAP EPS $0.60 vs $1.12 a year ago; adjusted EPS $1.43 vs $1.29, up 11%.
- Net sales $4,380M (+11%); underlying sales +3%; underling orders +3%.
- Operating cash flow $1,067M (+27%); free cash flow $975M (+27%).
- Declared quarterly dividend $0.525/share, payable Sept 10 to holders of record Aug 16.
- Copeland note receivable sale closed for $1.9B; equity stake sale to Blackstone expected by end of August; net after-tax proceeds ~$2.9B for debt paydown.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/32604/000003260424000035/0000032604-24-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/32604/000003260424000035/emr-20240807.htm
  HTML page:      https://secwatch.observer/filing/0000032604-24-000035

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