Aspen's Q2 Earnings & Revenues Surpass Estimates, Increase Y/Y

Emerson Electric (EMR) reported $4.18 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 1.4%. EPS of $1.38 for the same period compares to $1.22 a year ago.

The reported revenue represents a surprise of -0.91% over the Zacks Consensus Estimate of $4.21 billion. With the consensus EPS estimate being $1.28, the EPS surprise was +7.81%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Emerson Electric performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Net Sales- Intelligent Devices- Total: $2.84 billion compared to the $2.86 billion average estimate based on five analysts. The reported number represents a change of +0.7% year over year.
• Net Sales- Software And Control- Total: $1.35 billion compared to the $1.36 billion average estimate based on five analysts. The reported number represents a change of +2.9% year over year.
• Net Sales- Eliminations: -$20 million compared to the -$18.05 million average estimate based on five analysts. The reported number represents a change of +5.3% year over year.
• Net Sales- Intelligent Devices- Discrete Automation: $580 million versus $604.49 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -5.4% change.
• Net Sales- Intelligent Devices- Safety & Productivity: $312 million versus $318.79 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -3.1% change.
• Net Sales- Software and Control- Test & Measurement: $359 million versus $367.91 million estimated by four analysts on average.
• Net Sales- Intelligent Devices- Final Control: $976 million versus $969.86 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +3.8% change.
• Net Sales- Software and Control- Control Systems & Software: $690 million compared to the $707.48 million average estimate based on four analysts. The reported number represents a change of +2.2% year over year.
• Net Sales- Software and Control- AspenTech: $303 million compared to the $286.54 million average estimate based on four analysts. The reported number represents a change of +17.9% year over year.
• Net Sales- Intelligent Devices- Measurement & Analytical: $975 million versus $970.49 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +3% change.
• EBIT- Intelligent Devices- Total: $686 million versus $639.16 million estimated by four analysts on average.
• EBIT- Intelligent Devices- Final Control: $236 million versus the three-analyst average estimate of $207.28 million.

View all Key Company Metrics for Emerson Electric here>>>

Shares of Emerson Electric have returned +5.8% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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Emerson Electric posted an increase in its first-quarter profit and revenue. "Emerson Electric 1Q Sales Tick Down More Than Wall Street Expected" at 7:17 a.m. ET inaccurately said earnings and sales declined. The correct version follows:

By Denny Jacob

Emerson Electric posted slightly higher sales in its first quarter.

The autonomous technology company logged earnings attributable to common stockholders of $585 million, or $1.02 a share, compared with $142 million, or 25 cents a share, a year earlier. Analysts polled by FactSet had expected 90 cents a share.

Sales ticked up to $4.18 billion from $4.12 billion. Analysts polled by FactSet had expected $4.22 billion.

The St. Louis company guided for sales to range between a decline of 0.5% to growth of 0.5% in the second quarter, while adjusted earnings per share were forecast to be between $1.38 and $1.42. Analysts polled by FactSet expect adjusted earnings per share of $1.45.

Emerson forecast sales to increase 1.5% to 3.5% in 2025, while adjusted earnings per-share are predicted to range between $5.85 and $6.05. Analysts polled by FactSet expect adjusted earnings per share of $5.93.

Emerson in January agreed to acquire the remaining stock of Aspen Technology in a deal valued at $7.2 billion.

Write to Denny Jacob at denny.jacob@wsj.com