8-KRegulation FD

EMERSON ELECTRIC CO 8-K Report, Regulation FD Disclosure (Mar 15, 2018)

Filed March 15, 2018For Securities:EMR

Summary

Emerson Electric Co. (EMR) filed an 8-K on March 15, 2018, to provide an update on its 3-month trailing average order trends as of February 2018. The report indicates that total Emerson orders increased by 10 percent for the trailing three-month period ending February 2018. This growth aligns with the company's previously communicated expectations of underlying order growth in the 5 to 10 percent range discussed at their February Investor Conference. The Automation Solutions segment showed strong order growth, while Commercial & Residential Solutions experienced a slowdown in February. Investors can anticipate Emerson's second quarter 2018 results announcement on May 1, 2018, with a conference call scheduled for the same day. The company also reiterated its standard forward-looking and cautionary statements, reminding stakeholders of potential risks and uncertainties that could impact future performance.

Key Highlights

  • 1Total Emerson trailing three-month orders increased by 10% as of February 2018.
  • 2Underlying orders growth was in the 5% to 10% range, consistent with prior guidance.
  • 3Automation Solutions segment showed robust order growth (10-15% for December '17, 10-15% for January '18, 10-15% for February '18).
  • 4Commercial & Residential Solutions segment experienced a deceleration in order growth (5-10% for Dec & Jan, 0-5% for Feb).
  • 5Emerson will report Q2 2018 results on May 1, 2018, with a conference call and webcast.
  • 6The company continues to monitor economic, currency, market demand, and competitive factors.

Frequently Asked Questions

Emerson Electric reported a 10% increase in trailing three-month orders as of February 2018, which was in line with their previously communicated expectations of 5-10% underlying order growth.

The Automation Solutions segment demonstrated strong and consistent order growth, while the Commercial & Residential Solutions segment saw a notable slowdown, with order growth decreasing to the 0-5% range in February 2018.

Emerson Electric is scheduled to report its second quarter 2018 results on Tuesday, May 1, 2018, and will host a conference call and webcast on the same day.

Emerson highlights various risks and uncertainties in its forward-looking statements, including economic and currency conditions, market demand, pricing, protection of intellectual property, and competitive and technological factors.