Emerson Electric Co. Reports Rise In Q2 Earnings

(RTTNews) - Emerson Electric Co. (EMR) revealed earnings for its second quarter that advanced from last year.

The company's earnings came in at $520 million, or $0.84 per share. This compares with $482 million, or $0.76 per share, in last year's second quarter.

Analysts had expected the company to earn $0.84 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.5% to $4.57 billion from $4.25 billion last year.

Emerson Electric Co. earnings at a glance:

-Earnings (Q2): $520 Mln. vs. $482 Mln. last year. -EPS (Q2): $0.84 vs. $0.76 last year. -Analysts Estimate: $0.84 -Revenue (Q2): $4.57 Bln vs. $4.25 Bln last year.

-Guidance: Full year EPS guidance: $3.60 – $3.70