Summary
Emerson Electric Co. (EMR) filed an 8-K on August 7, 2018, primarily to furnish its press release announcing third quarter 2018 results. The press release, attached as Exhibit 99.1, details the company's financial performance and operational highlights for the period ending in July 2018. Investors should note that the company utilized non-GAAP financial measures in its reporting, which are presented as supplemental information and should be considered alongside GAAP measures. The filing also includes forward-looking statements, and investors are cautioned to consider the risks and uncertainties outlined in Emerson's SEC filings, including their most recent 10-K, when evaluating these statements.
Key Highlights
- 1The 8-K filing's main purpose is to provide investors with Emerson's Q3 2018 earnings press release.
- 2The press release includes financial results and operational commentary for the third quarter of fiscal year 2018.
- 3Emerson utilizes non-GAAP financial measures, which are presented as supplemental to GAAP results.
- 4Investors are advised to review the provided press release for specific Q3 2018 financial details.
- 5The filing reminds investors of the forward-looking nature of some statements and the associated risks and uncertainties.
- 6Underlying orders growth, excluding currency, acquisitions, and divestitures, is a key metric referenced.
- 7The press release is furnished as Exhibit 99.1 to the 8-K filing.
Frequently Asked Questions
The main purpose of this 8-K filing is to publicly disclose Emerson Electric Co.'s press release announcing its financial and operational results for the third quarter of fiscal year 2018.
No, the 8-K itself does not contain detailed financial statements. Instead, it furnishes the press release (Exhibit 99.1) which summarizes the Q3 2018 results. Investors should refer to that press release for the specific financial figures.
Non-GAAP financial measures are financial metrics that are not prepared in accordance with Generally Accepted Accounting Principles (GAAP). Emerson states they are useful for evaluating performance, but they should be considered supplemental to, and not a substitute for, GAAP-based information. It's important to understand how these measures differ from GAAP and to review them in conjunction with the company's official GAAP reporting.
The filing references forward-looking statements and reminds investors of the general risks and uncertainties outlined in Emerson's SEC filings. These can include economic and currency conditions, market demand, pricing, and competitive factors. Specific risks impacting Q3 2018 performance would be detailed within the furnished press release.