Emerson Electric reported third quarter results that exceeded expectations, with net sales growing 7% year-over-year to $4.9 billion and adjusted EPS increasing 13% to $1.71. Citing strong performance and healthy demand, the company raised its full-year 2026 guidance for both sales and adjusted earnings.
Key Highlights
- Third quarter underlying sales grew 6% year-over-year, exceeding the company's prior guidance of approximately 5%.
- The company reported strong demand momentum, with underlying orders increasing by 7% during the quarter.
- Emerson raised its full-year 2026 adjusted EPS guidance to approximately $6.55, up from prior expectations, and now projects full-year net sales growth of approximately 5%.
- Free cash flow for the quarter was robust, increasing 36% year-over-year to $1.3 billion.