NYSE$EMR
Emerson Electric Co · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Emerson's Q3 2024 results were reported, with updated full-year outlook for fiscal year 2024.
Emerson reported strong Q3 results with solid underlying orders growth, exceeding expectations for profitability and cash flow. The company also reached an agreement to fully exit the Copeland business, focusing on automation.
- Emerson delivered a strong quarter with solid underlying orders growth.
- Profitability and cash flow exceeded expectations.
- Demand in process and hybrid markets continues to meet expectations.
- Agreement reached to completely exit the Copeland business.
Headline financials
Revenue & EPS history
Emerson · Revenue · Quarterly
$4.38B
Revenue by segment
Emerson · $3.15B total across 1 segment · Q4 2023
- Intelligent Devices$3.15B—100.0%
Forward guidance
Emerson provided fiscal year 2024 guidance, anticipating net sales growth of approximately 15% and underlying sales growth of approximately 6%.
Tailwinds
- Net Sales Growth ~15%
- Underlying Sales Growth ~6%
- Operating Cash Flow ~$3.2B
- Free Cash Flow ~$2.8B
- Approximately $300 million returned to shareholders through share repurchases and approximately $1.2 billion of dividend payments.
Headwinds
- Amortization of Intangibles ~$1.42
- Restructuring and Related Costs ~$0.34
- Loss on Copeland Note Receivable $0.38
- Amortization of Acquisition-related Inventory Step-up $0.38
- Acquisition / Divestiture Fees and Related Costs ~$0.24
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
-0.3%
Avg return
Earnings day
+1.7%
Avg return
5 days after
+1.5%
Avg return
30 days after
40%
29 / 73 earnings
Positive
+15.5%
Q4 2024
Best reaction
-7.6%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | +6.8% | +4.3% | +2.5% | |
| Q1 2026 | -1.0% | +5.2% | -9.0% | |
| Q4 2025 | -3.9% | +2.1% | +3.8% | |
| Q3 2025 | -0.8% | -0.7% | -1.0% | |
| Q2 2025 | +2.4% | +11.3% | +15.1% | |
| Q1 2025 | -2.3% | -0.7% | -7.1% | |
| Q4 2024 | +15.5% | +15.9% | +21.3% | |
| Q3 2024 | -2.9% | -4.4% | -8.9% | |
| Q2 2024 | +7.6% | +6.9% | +0.5% | |
| Q1 2024 | +8.6% | +10.6% | +16.9% | |
| Q4 2023 | -7.6% | -5.7% | -3.3% | |
| Q3 2023 | +4.6% | +6.1% | +8.0% | |
| Q2 2023 | +0.6% | +1.9% | +0.7% | |
| Q1 2023 | -6.6% | -4.7% | -9.9% | |
| Q4 2022 | -1.8% | +2.8% | +2.3% | |
| Q3 2022 | -2.8% | -0.9% | -7.1% | |
| Q2 2022 | -1.4% | -6.7% | -0.2% | |
| Q1 2022 | +4.4% | +3.5% | -1.0% | |
| Q4 2021 | -3.0% | -2.4% | -9.9% | |
| Q3 2021 | -0.1% | +0.0% | +4.2% | |
| Q2 2021 | +2.9% | +4.7% | +7.8% | |
| Q1 2021 | +3.5% | +6.5% | +9.5% | |
| Q4 2020 | +0.3% | +3.2% | +11.1% | |
| Q3 2020 | +3.1% | +5.7% | +9.5% | |
| Q2 2020 | +2.3% | +5.7% | +10.5% | |
| Q1 2020 | +4.7% | +1.6% | -10.8% | |
| Q4 2019 | +0.5% | +0.9% | +1.0% | |
| Q3 2019 | +0.2% | +0.1% | +4.0% | |
| Q2 2019 | -5.5% | -4.6% | -10.7% | |
| Q1 2019 | -0.9% | -1.3% | -0.5% | |
| Q4 2018 | -0.7% | -2.6% | -9.3% | |
| Q3 2018 | +3.4% | +3.1% | +6.4% | |
| Q2 2018 | +1.8% | +3.0% | +6.7% | |
| Q1 2018 | +0.8% | +0.9% | +2.6% | |
| Q4 2017 | -3.1% | -4.5% | +2.0% | |
| Q3 2017 | +2.3% | +2.6% | -1.0% | |
| Q2 2017 | -1.8% | -2.4% | -1.9% | |
| Q1 2017 | +4.3% | +5.7% | -1.0% | |
| Q4 2016 | -1.3% | -2.5% | +12.0% | |
| Q3 2016 | -5.1% | -3.8% | -5.8% | |
| Q2 2016 | -4.4% | — | — | |
| Q1 2016 | +1.3% | — | — | |
| Q4 2015 | +2.8% | — | — | |
| Q3 2015 | -2.8% | — | — | |
| Q2 2015 | -2.1% | — | — | |
| Q1 2015 | -2.8% | — | — | |
| Q4 2014 | -0.2% | — | — | |
| Q3 2014 | -3.3% | — | — | |
| Q2 2014 | -0.6% | — | — | |
| Q1 2014 | -0.8% | — | — | |
| Q4 2013 | +0.1% | — | — | |
| Q3 2013 | -1.1% | — | — | |
| Q2 2013 | -0.2% | — | — | |
| Q1 2013 | -0.1% | — | — | |
| Q4 2012 | -0.4% | — | — | |
| Q3 2012 | +2.1% | — | — | |
| Q2 2012 | -5.8% | — | — | |
| Q1 2012 | -2.5% | — | — | |
| Q4 2011 | -3.8% | — | — | |
| Q3 2011 | -6.3% | — | — | |
| Q2 2011 | -3.3% | — | — | |
| Q1 2011 | -0.2% | — | — | |
| Q4 2010 | +1.0% | — | — | |
| Q3 2010 | -0.6% | — | — | |
| Q2 2010 | -3.5% | — | — | |
| Q1 2009 | -3.2% | — | — | |
| Q1 2010 | +0.0% | — | — | |
| Q4 2009 | +1.4% | — | — | |
| Q2 2009 | +1.4% | — | — | |
| Q3 2009 | -3.8% | — | — | |
| Q3 2008 | -3.8% | — | — | |
| Q4 2007 | -3.8% | — | — | |
| Q4 2008 | -3.8% | — | — |
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