8-KRegulation FD

EMERSON ELECTRIC CO 8-K Report, Regulation FD Disclosure (Jul 20, 2017)

Filed July 20, 2017For Securities:EMR

Summary

Emerson Electric Co. (EMR) filed an 8-K on July 19, 2017, providing an update on its 3-month order trends through June 2017. The company reported an 8% increase in total trailing three-month orders, with underlying orders growing 9% after excluding currency translation impacts. Both key segments, Automation Solutions and Commercial & Residential Solutions, experienced high-single-digit order growth. This order performance aligns with the company's previously communicated outlook for sales and earnings per share during its second-quarter earnings conference call. Investors should note that Emerson plans to provide further commentary on these June order trends during its upcoming third-quarter earnings conference call scheduled for August 1, 2017. The filing also includes standard forward-looking and cautionary statements regarding potential risks and uncertainties.

Key Highlights

  • 1Emerson reported an 8% increase in trailing three-month orders through June 2017.
  • 2Underlying orders grew by 9%, excluding a 1% negative impact from currency translation.
  • 3Both Automation Solutions and Commercial & Residential Solutions segments saw high-single-digit order growth.
  • 4The reported order trends are consistent with previously provided sales and earnings guidance.
  • 5Emerson will provide additional commentary on June orders during its Q3 2017 earnings call.
  • 6The Q3 2017 earnings results and conference call are scheduled for August 1, 2017.

Frequently Asked Questions

The 8% increase in trailing three-month orders indicates positive momentum in customer demand for Emerson's products and solutions. The underlying growth of 9% (excluding currency) suggests that the core business is performing well, which is generally a favorable sign for revenue and profitability.

Both segments reported high-single-digit order growth, indicating broad-based demand across Emerson's business units. This suggests that the company is experiencing healthy order intake in both its industrial automation and its more consumer-facing residential and commercial markets.

Emerson announced that it will report its third-quarter 2017 results on August 1, 2017, and will provide additional commentary on the June orders during the subsequent conference call. A webcast and replay will be available on the company's investor relations website.

The filing includes standard forward-looking statements and cautionary notes. It highlights potential risks and uncertainties such as economic and currency conditions, market demand, pricing, intellectual property protection, and competitive and technological factors. These are detailed further in Emerson's Form 10-K and subsequent filings.