Emerson Electric has been one of the most watched stocks on Zacks.com recently. The company is expected to post earnings of $1.68 per share for the current quarter, a 10.5% increase from a year ago, though the Zacks Consensus Estimate has edged down 0.1% over the last 30 days. For the current fiscal year, the consensus estimate stands at $6.49 per share, up 8.2% year over year, and has remained unchanged over the past month. The next fiscal year's estimate of $7.14 per share implies 10% growth and has ticked up 0.1%. Emerson Electric carries a Zacks Rank #3, or Hold, suggesting the stock may perform in line with the broader market in the near term.
Emerson Electric CompanyEarnings estimates show modest growth but consensus has edged down slightly; Zacks Rank #3 (Hold) suggests in-line performance.