Summary
Emerson Electric Co. (EMR) filed an 8-K on August 2, 2011, to report its third quarter 2011 financial results. The company furnished a press release detailing these results, which included non-GAAP financial measures. Investors should note that these non-GAAP measures are presented as supplemental information and should not replace or be considered superior to GAAP-based financial information. The company emphasizes that these non-GAAP measures may differ from those presented by other companies and refers investors to its latest Form 10-K for a detailed explanation of why management finds these measures useful.
Key Highlights
- 1EMR announced its third quarter 2011 financial results via a press release furnished with the 8-K filing.
- 2The press release contains non-GAAP financial measures, which are provided as supplemental information.
- 3Investors are advised to consider these non-GAAP measures alongside, not as a substitute for, GAAP financial results.
- 4The company believes its non-GAAP financial measures offer useful insights for evaluating performance.
- 5Specific definitions and context for non-GAAP measures are available in EMR's most recent Form 10-K.
- 6The filing references trailing three-month average GAAP underlying orders compared to the prior year, as previously reported.