Emerson Electric Q2 Earnings Beat, Raises Guidance

Emerson Electric Co. reported adjusted second-quarter earnings of $1.48 per share, a 9% year-over-year increase, though GAAP net profit declined slightly from the prior year. Quarterly revenue rose to $4.43 billion, driven by strong performance in the Software and Control segment, while the Intelligent Devices segment experienced a slight sales decrease. Emerson raised its full-year adjusted earnings forecast to $5.90-$6.05 per share and lifted its annual sales growth projection to about 4%, up from its prior 1.5%-3.5% guidance, citing robust automation demand and a favorable currency environment. The company credited its recent AspenTech acquisition for the improved outlook and demonstrated confidence in managing market challenges. Despite these positive results, Emerson shares have underperformed the broader market year-to-date. Investors will be monitoring the company’s outlook and earnings momentum closely.