Summary
Emerson Electric Co. (EMR) filed an 8-K on February 1, 2005, to report its financial results for the first quarter ended December 31, 2004. The filing primarily consists of a press release (Exhibit 99.1) detailing these results. Investors should note that the press release includes non-GAAP financial measures, which Emerson uses to provide additional insights into its performance. While considered useful by the company, these measures are supplemental and should not replace or be considered superior to GAAP-based financial information. Investors are encouraged to review both GAAP and non-GAAP figures when assessing the company's financial health and performance.
Key Highlights
- 1EMR reported its first quarter fiscal 2005 results on February 1, 2005.
- 2The filing is primarily an announcement of the company's quarterly earnings.
- 3A press release detailing the Q1 2005 results was furnished as Exhibit 99.1.
- 4The press release contains non-GAAP financial measures.
- 5Emerson considers these non-GAAP measures useful for evaluating performance.
- 6Investors are advised that non-GAAP measures are supplemental and not a substitute for GAAP financials.
- 7Non-GAAP measures may differ from those presented by other companies.
Frequently Asked Questions
The main purpose of this 8-K filing is to report Emerson Electric Co.'s financial results for the first quarter of fiscal year 2005, which ended on December 31, 2004. It includes a press release detailing these results.
Non-GAAP financial measures are performance metrics that exclude or include amounts different from the closest GAAP measure. Emerson uses these measures because they believe they provide useful insights into the company's ongoing operational performance. However, they are considered supplemental and should be viewed alongside the official GAAP financial statements.
The detailed financial results for the first quarter of fiscal 2005 are presented in the press release furnished as Exhibit 99.1 to this 8-K filing.
No, investors should not rely solely on the non-GAAP financial measures. The filing explicitly states that these measures are supplemental, not a substitute for, and not superior to, the related financial information prepared in accordance with GAAP. A comprehensive analysis requires reviewing both GAAP and non-GAAP figures.