Emerson Electric Co
EMR: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$587.00 | Zxw | Bkglmjnbs |
Emerson Earnings: Full-Year Outlook Raised Thanks to Strength in Process and Hybrid
Wide-moat-rated Emerson posted solid fiscal first-quarter results, as its revenue of $4.1 billion and adjusted EPS of $1.22 both easily beat the FactSet consensus estimates of $3.9 billion and $1.04, respectively. We’ve raised our fair value estimate to $113 from $109, which reflects our slightly more optimistic near-term revenue growth and incremental margin projections as well as time value of money.