WASHINGTON (dpa-AFX) - Emerson Electric Co. (EMR) revealed earnings for its first quarter that climbed from the same period last year.
The company's bottom line totaled $445 million, or $0.74 per share. This compares with $326 million, or $0.53 per share, in last year's first quarter.
Analysts had expected the company to earn $0.68 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 0.2% to $4.16 billion from $4.15 billion last year.
Emerson Electric Co. earnings at a glance:
-EPS (Q1): $0.83 vs. $0.67 last year. -Analysts Estimate: $0.68 -Revenue (Q1): $4.16 Bln vs. $4.15 Bln last year.
-Guidance: Full year EPS guidance: $3.60 - $3.70
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