Summary
Emerson Electric Co. (EMR) announced its first quarter 2016 results via a press release filed on February 2, 2016. The filing primarily serves to furnish this press release, which contains the company's financial performance and operational updates for the quarter ending February 1, 2016. Investors should note that the press release includes non-GAAP financial measures, which are provided as supplemental information and should be reviewed alongside GAAP figures. The company also reiterates its forward-looking statements and cautionary notes regarding potential risks and uncertainties, including those related to its strategic portfolio repositioning, economic conditions, and market demand.
Key Highlights
- 1Emerson Electric Co. (EMR) released its first quarter 2016 financial results on February 2, 2016.
- 2The filing is an 8-K that primarily furnishes the company's Q1 2016 earnings press release (Exhibit 99.1).
- 3The press release details the company's financial condition and results of operations for the quarter ending February 1, 2016.
- 4The report includes non-GAAP financial measures, which are presented as supplemental to, and not a substitute for, GAAP measures.
- 5Management believes these non-GAAP measures are useful for evaluating the company's performance.
- 6The company's press release contains forward-looking statements subject to risks and uncertainties, as detailed in its SEC filings.
- 7Key risks mentioned include the impact of strategic portfolio repositioning, economic and currency conditions, and market demand.