secwatch.observer — SEC 8-K summary
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Issuer:     EMERSON ELECTRIC CO (EMR)
CIK:        0000032604
Form:       8-K
Filed at:   2021-11-15T23:59:59+00:00
Accession:  0001193125-21-329862
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Emerson receives $438M Vertiv-related distribution; raises FY2022 GAAP EPS guidance by $0.58
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- Received ~$438M pretax distribution on Nov 10, 2021, from retained interest in Vertiv (sold in 2017).
- FY2022 GAAP EPS guidance raised by $0.58 to $4.79-$4.94 (prior $4.21-$4.36).
- Q1 FY2022 GAAP EPS guidance raised to $1.43-$1.47 (prior $0.85-$0.89).
- Adjusted EPS guidance unchanged at $4.82-$4.97 for FY2022 and $0.98-$1.02 for Q1.
- Potential total pretax distributions of ~$600M over next two years, subject to Vertiv share sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/32604/000119312521329862/0001193125-21-329862-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/32604/000119312521329862/d261212d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-329862

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