AI Earnings Predictions for Emerson Electric Company (EMR)

EX-99.1

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EX-99.1

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Exhibit 99.1

Consolidated Statements of Earnings

EMERSON ELECTRIC CO. & SUBSIDIARIES

(Dollars in millions, except per share amounts; unaudited)

Quarterly amounts may not sum to the annual amounts due to rounding. Earnings per share are computed independently each period; as a result, the quarterly amounts may not sum to the calculated annual amounts.

Fiscal Year 2026

First quarterSecond quarter

Previously ReportedImpact of ChangeAs RevisedPreviously ReportedImpact of ChangeAs Revised

Net sales$4,346 4,346 4,562 4,562

Cost of sales2,035 2,035 2,140 2,140

Selling, general and administrative expenses1,242 1,242 1,316 1,316

Other deductions, net204 (3)201 229 (2)227

Interest expense, net90 90 84 84

Earnings before income taxes775 3 778 793 2 795

Income taxes169 1 170 175 — 175

Net earnings606 2 608 618 2 620

Less: Noncontrolling interests in subsidiaries1 1 — —

Net earnings common stockholders$605 2 607 618 2 620

Diluted earnings per share common stockholders:

Earnings from continuing operations$1.07 0.01 1.08 1.10 — 1.10

Discontinued operations— — — —

Diluted earnings per common share$1.07 0.01 1.08 1.10 — 1.10

Adjusted earnings per common share$1.46 — 1.46 1.54 0.01 1.55

Fiscal Year 2026

Third quarterNine months ended June 30

Previously ReportedImpact of ChangeAs RevisedPreviously ReportedImpact of ChangeAs Revised

Net sales$4,873 4,873 13,781 13,781

Cost of sales2,218 2,218 6,393 6,393

Selling, general and administrative expenses1,343 1,343 3,902 3,902

Other deductions, net311 (2)309 744 (8)736

Interest expense, net85 85 258 258

Earnings before income taxes916 2 918 2,484 8 2,492

Income taxes198 — 198 542 2 544

Net earnings718 2 720 1,942 6 1,948

Less: Noncontrolling interests in subsidiaries— — 1 1

Net earnings common stockholders$718 2 720 1,941 6 1,947

Diluted earnings per share common stockholders:

Earnings from continuing operations$1.28 — 1.28 3.45 0.01 3.46

Discontinued operations— — — —

Diluted earnings per common share$1.28 — 1.28 3.45 0.01 3.46

Adjusted earnings per common share$1.71 — 1.71 4.71 0.01 4.72

(Dollars in millions, except per share amounts; unaudited)

Fiscal Year 2025

First quarterSecond quarter

Previously ReportedImpact of ChangeAs RevisedPreviously ReportedImpact of ChangeAs Revised

Net sales$4,175 4,175 4,432 4,432

Cost of sales1,940 1,940 2,061 2,061

Selling, general and administrative expenses1,224 1,224 1,283 1,283

Other deductions, net228 (2)226 418 (2)416

Interest expense, net8 8 41 41

Earnings from continuing operations before income taxes775 2 777 629 2 631

Income taxes182 1 183 199 1 200

Earnings from continuing operations593 1 594 430 1 431

Discontinued operations, net of tax— — — —

Net earnings593 1 594 430 1 431

Less: Noncontrolling interests in subsidiaries8 8 (55)(55)

Net earnings common stockholders$585 1 586 485 1 486

Diluted earnings per share common stockholders:

Earnings from continuing operations$1.02 0.01 1.03 0.86 — 0.86

Discontinued operations— — — —

Diluted earnings per common share$1.02 0.01 1.03 0.86 — 0.86

Adjusted earnings per common share$1.38 0.01 1.39 1.48 — 1.48

Fiscal Year 2025

Third quarterFourth quarter

Previously ReportedImpact of ChangeAs RevisedPreviously ReportedImpact of ChangeAs Revised

Net sales$4,553 4,553 4,855 4,855

Cost of sales2,160 2,160 2,335 2,335

Selling, general and administrative expenses1,266 1,266 1,330 1,330

Other deductions, net298 (3)295 302 36 338

Interest expense, net95 95 92 92

Earnings from continuing operations before income taxes734 3 737 796 (36)760

Income taxes154 1 155 160 (8)152

Earnings from continuing operations580 2 582 636 (28)608

Discontinued operations, net of tax6 6 1 1

Net earnings586 2 588 637 (28)609

Less: Noncontrolling interests in subsidiaries— — — —

Net earnings common stockholders$586 2 588 637 (28)609

Diluted earnings per share common stockholders:

Earnings from continuing operations$1.03 — 1.03 1.12 (0.05)1.07

Discontinued operations0.01 0.01 — —

Diluted earnings per common share$1.04 — 1.04 1.12 (0.05)1.07

Adjusted earnings per common share$1.52 — 1.52 1.62 — 1.62

(Dollars in millions, except per share amounts; unaudited)

Fiscal 2025Fiscal 2024

Previously ReportedImpact of ChangeAs RevisedPreviously ReportedImpact of ChangeAs Revised

Net sales$18,016 18,016 17,492 17,492

Cost of sales8,497 8,497 8,607 8,607

Selling, general and administrative expenses5,103 5,103 5,142 5,142

Gain on subordinated interest— — (79)(79)

Loss on Copeland note receivable— — 279 279

Other deductions, net1,245 29 1,274 1,434 (11)1,423

Interest expense, net237 237 175 175

Interest income from related party— — (86)(86)

Earnings from continuing operations before income taxes2,934 (29)2,905 2,020 11 2,031

Income taxes696 (6)690 415 5 420

Earnings from continuing operations2,238 (23)2,215 1,605 6 1,611

Discontinued operations, net of tax8 8 350 350

Net earnings2,246 (23)2,223 1

EX-99.1

2 a2026q3release_ex991.htm

EX-99.1

Document

Exhibit 99.1

Emerson Reports Third Quarter 2026 Results; Raises 2026 Outlook

ST. LOUIS, August 4, 2026 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its third quarter ended June 30, 2026 and updated its full year outlook for fiscal 2026. Emerson also declared a quarterly cash dividend of $0.555 per share of common stock payable September 10, 2026 to stockholders of record on August 14, 2026.

(dollars in millions, except per share)2025 Q32026 Q3Change

Underlying Orders2 7%

Net Sales$4,553$4,8737%

Underlying Sales3 6%

Pretax Earnings$734$916

Margin16.1%18.8%270 bps

Adjusted Segment EBITA4 $1,232$1,387

Margin27.1%28.5%140 bps

GAAP Earnings Per Share$1.03$1.2824%

Adjusted Earnings Per Share5 $1.52$1.7113%

Operating Cash Flow$1,062$1,42534%

Free Cash Flow$970$1,32336%

Management Commentary

“Emerson had an outstanding third quarter with sales, margin expansion, earnings and cash flow all exceeding expectations," said Emerson President and Chief Executive Officer Lal Karsanbhai. "Demand was robust, with underlying orders up 7%, led by Software & Systems and broad-based growth in North America and Asia. The conflict in the Middle East remains fluid, and I am proud of our team's ability to deliver results and support our customers around the world."

Karsanbhai continued, "We are raising our full year guidance, reflecting our strong third quarter performance and healthy demand. Secular tailwinds continue to support sustained investment in our growth verticals and provide a solid foundation as we finish 2026 and look ahead to 2027."

2026 Outlook

The following tables summarize the fiscal year 2026 guidance framework. As we pivot capital allocation to returning cash to shareholders, the 2026 outlook assumes returning ~$2.2B through ~$1B share repurchases and ~$1.2B of dividends.

Guidance figures are approximate.

2026 Q4

2026

Net Sales Growth~5%~5%

Underlying Sales Growth~5%~3.5%

Earnings Per Share~$1.45~$4.89

Amortization of intangibles~$0.34~$1.39

Restructuring and related costs~$0.03~$0.24

Acquisition/divestiture fees and related costs~$0.01~$0.09

Discrete taxes~$0.02~$0.05

IEEPA tariff refunds-~($0.11)

Adjusted Earnings Per Share~$1.85~$6.55

Operating Cash Flow~$4.1B

Free Cash Flow~$3.6B

1 Results are presented on a continuing operations basis.

2 Underlying orders do not include AspenTech.

3 Underlying sales excludes the impact of currency translation, and significant acquisitions and divestitures.

4 Adjusted segment EBITA represents segment earnings excluding restructuring and intangibles amortization expense.

5 Adjusted EPS excludes intangibles amortization expense, restructuring and related costs, first year purchase accounting related items and transaction-related costs, discrete taxes and certain gains, losses or impairments.

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Conference Call

Today, beginning at 3:30 p.m. Central Time / 4:30 p.m. Eastern Time, Emerson management will discuss the third quarter results during an investor conference call. Participants can access a live webcast available at https://ir.emerson.com at the time of the call. A replay of the call will be available for 90 days. Conference call slides will be posted in advance of the call on the company website.

About Emerson

Emerson (NYSE: EMR) is a global automation leader delivering solutions for the most demanding technology challenges. Headquartered in St. Louis, Missouri, Emerson is engineering the autonomous future, enabling customers to optimize operations and accelerate innovation. For more information, visit Emerson.com.

Forward-Looking and Cautionary Statements

Statements in this press release that are not strictly historical may be “forward-looking” statements, which represent management’s expectations, based on currently available information. Actual results, performance or achievements could differ materially from those expressed in any forward-looking statement. Any forward-looking statements in this press release speak only as of the date of this press release. Emerson undertakes no obligation to update any such statements to reflect new information or later developments. Examples of risks and uncertainties that may cause our actual results or performance to be materially different from those expressed or implied by forward looking statements include the scope, duration and ultimate impacts of the Russia-Ukraine, Middle East and other global conflicts, as well as economic and currency conditions, market demand, pricing, protection of intellectual property, cybersecurity, tariffs, competitive and technological factors, inflation, among others, as set forth in the Company's most recent Annual Report on Form 10-K and subsequent reports filed with the SEC. The outlook contained herein represents the Company's expectation for its consolidated results, other than as noted herein.

Emerson uses our Investor Relations website, https://ir.emerson.com, as a means o

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