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Form 8-K · Current Report · Filed 2024-05-08

Emerson Appoints New Director and Announces Second Quarter 2024 Results

Emerson Electric Co. announced on May 8, 2024, the appointment of Calvin G. Butler, Jr. as a new Director effective August 1, 2024, and reported its second quarter 2024 financial results. The company's net sales increased by 17% to $4.38 billion, and earnings per share (EPS) from continuing operations were $0.87. Emerson also updated its full-year outlook for 2024. Additionally, Emerson declared a quarterly cash dividend of $0.525 per share, payable on June 10, 2024.

Filer
Emerson Electric Co. EMR · NYSE
Filed
Accession
0000032604-24-000021
CIK
0000032604
Signal
Medium impactIndustrials

Items reported

Item 2.02

Results of Operations and Financial Condition

General Statement
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

Board Member Appointed
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$107.40

Next session

+7.6%

Since filing

+39.5%

Latest close

$149.82

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from EMR reporting the same item, with the next session's move:

Exhibits (2)

About Emerson Electric Co.

Emerson Electric Co. is a multinational corporation that specializes in technology and engineering. The company focuses on providing innovative solutions for industrial, commercial, and consumer markets. Emerson Electric's primary function is to develop and integrate automation technologies and software, enabling companies to optimize performance, reduce energy consumption, and increase operational efficiency. Notable sectors impacted by Emerson Electric include process automation industries such as oil and gas, chemical, and utilities, where precision and efficiency are crucial. Emerson also serves sectors like residential and commercial construction with products to manage facility infrastructure better. Their HVAC technologies and tools play a significant role in maintaining climate systems and improving energy efficiency. Established in 1890 and headquartered in St. Louis, Missouri, Emerson Electric Co. has evolved into a market leader, leveraging its global reach and extensive product portfolio to drive advancements in automation and technology solutions. Its consistent focus on innovation and quality positions Emerson Electric as a crucial player in powering and improving the world's essential services and technologies.

Exchange NYSE Industry Specialty Industrial Machinery Company website ↗

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