Emerson Electric (EMR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Emerson (EMR) has completed its restructuring and now operates as a focused automation and software platform. Its moat rests on high switching costs, reliability, and half a century of embedded systems. Strong balance sheet (20x interest coverage) allows for increased shareholder returns.
Emerson Electric (EMR) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Here is how Emerson Electric (EMR) and Mitsui & Co. (MITSY) have performed compared to their sector so far this year.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
The Zacks Manufacturing - Electronics industry gains from strength across major end markets. ETN, EMR, FELE and POWL are some notable stocks in the industry.
Emerson Electric (EMR) concluded the recent trading session at $133.19, signifying a +2.37% move from its prior day's close.
In the latest trading session, Emerson Electric (EMR) closed at $129.77, marking a +1.24% move from the previous day.
The latest trading day saw Emerson Electric (EMR) settling at $132.94, representing a +1.1% change from its previous close.
Emerson Electric (EMR) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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