Emerson reaffirms Q2 FY23 guidance: underlying sales 8-10%, adjusted EPS $0.95-$1.00

EMERSON ELECTRIC CO

2023-Q2 EPS reported $5.38 revenue$7,129,000,000

Q2 FY23 GAAP sales growth reaffirmed at 10.5%-12.5%; underlying non-GAAP sales growth 8%-10%.
Q2 FY23 GAAP EPS guidance $0.75-$0.80; adjusted EPS $0.95-$1.00 (including $0.15 amortization and $0.05 restructuring).
Guidance aligns with February 2023 outlook and is reiterated in connection with the proposed NATI merger.

item 2.02

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EMERSON ELECTRIC CO reported second quarter 2023 results: EPS $0.95 - $1.00. Guidance reaffirmed.

Period: second quarter 2023
EPS: $0.95 - $1.00
Guidance: reaffirmed
Result: guidance update

Exact text from the filing

Reconciliations of Non-GAAP Financial Measures - Emerson: 2023E February Guidance Underlying Sales Change: Q2 FY23E Reported (GAAP) 10.5% - 12.5% (Favorable) / Unfavorable FX ~ 3% Acquisitions / Divestitures ~ (5.5)% Underlying (non-GAAP) 8% - 10% 2023E February Guidance Earnings Per Share Q2 FY23E Earnings per share (GAAP) $0.75 - $0.80 Amortization of intangibles ~ 0.15 Restructuring and related costs ~ 0.05 Adjusted Earnings per share (Non-GAAP) $0.95 - $1.00

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Source: SEC EDGAR

accession 0000950103-23-005624

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