Emerson Electric Co. (NYSE:EMR) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure
The following information is furnished to Regulation FD.
Emerson 3-Month Orders
(Percentage change versus prior year; trailing 3-month averages, excluding acquisitions and divestitures, including currency translation)
April '17 |
May '17 |
June '17 |
|
Automation Solutions |
0 to 5 |
5 to 10 |
5 to 10 |
Commercial & Residential Solutions |
0 to 5 |
5 to 10 |
5 to 10 |
Total Emerson |
0 to 5 |
5 to 10 |
5 to 10 |
June 2017 Orders Comments
Emerson trailing three-month orders increased 8 percent. Underlying orders increased 9 percent excluding unfavorable currency translation of 1 percent. Both Automation Solutions and Commercial & Residential Solutions orders increased high-single digits.
These orders are consistent with the sales and earnings per share commentary provided on the second quarter earnings conference call. Additional commentary regarding June orders will be provided during the Company's third quarter earnings conference call.
Upcoming Investor Events
On Tuesday, August 1, 2017, Emerson will report third quarter 2017 results. Management will discuss the results during a conference call at 2:00 p.m. ET the same day. Access to a live webcast of the discussion will be available at www.emerson.com/financial at the time of the call. A replay of the conference call will remain available for approximately 90 days.
Forward-Looking and Cautionary Statements
Statements in this Current Report on Form 8-K that are not strictly historical may be “forward-looking” statements, which involve risks and uncertainties, and Emerson undertakes no obligation to update any such statements to reflect later developments. These risks and uncertainties include economic and currency conditions, market demand, pricing, protection of intellectual property, and competitive and technological factors, among others, as set forth in the Company's most recent Annual Report on Form 10-K and subsequent reports filed with the SEC. Underlying orders discussed herein exclude the impact of currency translation.
About Emerson Electric Co. (NYSE:EMR)
Emerson Electric Co. is a diversified global manufacturing company, which provides solutions to customers by bringing technology and engineering together in the industrial, commercial and consumer markets around the world. The Company operates through four segments based on the nature of the products and services rendered: Process Management, Industrial Automation, Climate Technologies and Commercial & Residential Solutions. The Company’s principal production operations are electronics assembly, metal stamping, forming, casting, machining, welding, plating, heat treating, painting and assembly. In addition, the Company uses specialized production operations, including automatic and semiautomatic testing, automated material handling and storage, ferrous and nonferrous machining, and special furnaces for heat treating and foundry applications. The Company provides measurement, control and diagnostic technologies for automated industrial processes.