Why Did Emerson Electric Beat Analysts’ Fiscal 1Q17 Estimates?
For fiscal 1Q17, Emerson Electric (EMR) reported consolidated sales of $3.22 billion, compared to analysts’ expectations of $3.17 billion.
Following its fiscal 1Q17 results and considering an improvement in order trends, Emerson Electric (EMR) revised up its fiscal 2017 EPS guidance.
In fiscal 1Q16, EMR’s Automation Solutions segment accounted for ~65% of the company’s total sales.
Emerson Electric (EMR) announced its fiscal 1Q17 earnings results on February 7, 2017. In this series, we’ll analyze EMR’s earnings, compare the results with analysts’ expectations, and analyze the factors that caused any deviation.
Emerson Electric (EMR) reported about $4.7 billion in consolidated revenues for 1Q16.
Of the 25 analysts covering Emerson Electric stock, three analysts gave the company a “buy” rating, 17 analysts gave it a “hold” recommendation, and five analysts recommended it as a “sell.”
Emerson Electric (EMR) is set to announce its 1Q17 earnings results on February 7, 2017, before market hours.
This rise in Danaher’s interest expenses was primarily due to the additional debt it incurred in connection with its acquisition of Pall Corporation in 2015.
Higher-than-expected core revenue growth and revenue contributions from new acquisitions resulted in higher revenue for Danaher (DHR) in 4Q16 compared to 4Q15.
Danaher’s (DHR) 4Q16 operating performance was driven by a significant rise in the profit margin of the company’s Life Sciences segment.
Currently, Danaher (DHR) reports its revenue under four operating segments: Life Sciences, Diagnostics, Dental, and Environmental & Applied Solutions.
Danaher Corporation (DHR) announced its 4Q16 and 2016 earnings results before the market opened on January 31, 2017. Let’s take a look.
For the coming quarter, analysts expect Caterpillar’s (CAT) EBITDA to be ~$1.1 billion, compared to pre-4Q16 estimates of ~$1.2 billion.
For 4Q16, Caterpillar’s (CAT) consolidated operating loss came in at ~$1.3 billion compared to $175 million in 4Q15.
At the end of 4Q16, Caterpillar (CAT) had ~$7.2 billion in cash and short-term investments, a decrease of $708 million from the end of 2015.
Caterpillar’s (CAT) restructuring costs were estimated to be ~$2 billion, with $1.6 billion of cash costs and the remaining $400 million of non-cash costs.
For 4Q16, Caterpillar (CAT) reported revenues from its Energy & Transportation (E&T) business of ~$3.9 billion compared to ~$4.5 billion in 4Q15.
For 4Q16, Caterpillar (CAT) reported consolidated sales of ~$9.6 billion compared to analysts’ expectations of ~$9.9 billion.
On January 26, 2017, Caterpillar (CAT) announced its 4Q16 and fiscal 2016 earnings results. CAT’s adjusted EPS came in at $0.83 compared with analysts’ consensus EPS estimate of $0.66.
Rockwell Automation’s (ROK) fiscal 1Q17 earnings were driven by a year-over-year increase in the company’s organic sales.