Hot Paths

Emerson beats estimates, raises outlook as automation demand stays strong (EMR:NYSE)

Emerson Electric Shanghai Office

hapabapa/iStock Editorial via Getty Images

Emerson Electric (EMR) beat Wall Street’s expectations for fiscal third-quarter revenue and adjusted earnings on Tuesday, driven by continued demand for industrial automation software, control systems and measurement technologies. The company also raised its full-year outlook, though its shares fell 2.9% in extended trading.

Exit mobile version