The exciting news about Emerson Electric Co. (NYSE: EMR) will be shared on Tuesday 5th November 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the fourth quarter of 2024. This significant announcement will happen before market open.
According to the predictions of financial experts on Wall Street, the firm is expected to announce an anticipated $1.47 profit per share for the quarter. Further, the firm is poised to disclose a total revenue of $4.57 billion for the period.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $1.29. This numbers can be credited to the company's total revenue, which amounted to an impressive $4.09 billion during the same quarter.
Financial experts on Wall Street have shared their predictions regarding the company's annual performance, estimating a total revenue of $17.44 billion. Additionally, they are expecting the company to report profit of $5.48 per share for the full year 2024.
The business has scheduled a conference call on 5th November 2024 at 08:00 AM eastern time to discuss Q4 financial results.
Emerson Electric Co. (EMR) experienced a trading range of $108.05 to $109.37, along with a total volume of 1.84 million shares during the day. The stock concluded Friday's regular trading session at $108.46, reflecting an increase of 0.18 percent.
