8-KEarnings & Results

EMERSON ELECTRIC CO 8-K Report, Financial Results (May 6, 2014)

Filed May 6, 2014For Securities:EMR

Summary

Emerson Electric Co. (EMR) announced its second quarter 2014 financial results via a press release on May 6, 2014. The report highlights the company's operational performance and financial condition for the period ending May 5, 2014. Investors should note that the press release includes non-GAAP financial measures, which the company believes are useful for evaluation but are supplemental to GAAP measures and may differ from those used by other companies. The filing also references "orders" growth, defined as a trailing three-month average compared to the prior year, excluding acquisitions and divestitures. Forward-looking statements are included, outlining potential risks and uncertainties such as the completion of the embedded computing and power transaction, economic conditions, market demand, and competitive factors, with Emerson not obligating itself to update these statements.

Key Highlights

  • 1Emerson Electric Co. (EMR) filed an 8-K on May 6, 2014, to report its Q2 2014 results.
  • 2The report includes a press release detailing the company's financial and operational performance for the second quarter of 2014.
  • 3Key performance indicators related to "orders" growth are discussed, defined as a trailing three-month average excluding M&A activity.
  • 4The press release contains non-GAAP financial measures, which are provided as supplemental information and should be considered alongside GAAP results.
  • 5Management believes these non-GAAP measures offer valuable insights into the company's performance.
  • 6Forward-looking statements are included, which detail potential risks and uncertainties that could impact future results.
  • 7Emerson Electric Co. is undertaking a transaction involving its embedded computing and power business.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce and provide details on Emerson Electric Co.'s financial results for the second quarter of 2014. It includes a press release that discusses the company's performance and outlook.

The press release contains both GAAP and non-GAAP financial measures. The company states that while it believes its non-GAAP measures are useful for evaluating performance, they are supplemental and should not be considered a substitute for or superior to GAAP information.

The filing mentions several risks and uncertainties, including the ability to complete the embedded computing and power transaction, general economic and currency conditions, market demand, pricing pressures, protection of intellectual property, and competitive and technological factors.

In this report, 'orders' growth refers to the company's trailing three-month average orders growth compared to the prior year, specifically excluding the impact of acquisitions and divestitures.