Emerson Electric Co. (NYSE:EMR) Files An 8-K Results of Operations and Financial Condition

Emerson Electric Co. (NYSE:EMR) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition

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Quarterly Results Press Release

On Tuesday, February 5, 2019, a press release was issued regarding the first quarter 2019 results of Emerson Electric Co. (the “Company”). A copy of this press release is furnished with this Current Report on Form 8-K as Exhibit 99.1.

References to underlying orders in the press release refer to the Company’s trailing three-month average orders growth versus the prior year, excluding currency, acquisitions and divestitures.

Non-GAAP Financial Measures

The press release contains non-GAAP financial measures as such term is defined in Regulation G under the rules of the Securities and Exchange Commission. While the Company believes these non-GAAP financial measures are useful in evaluating the Company, this information should be considered as supplemental in nature and not as a substitute for or superior to the related financial information prepared in accordance with GAAP. Further, these non-GAAP financial measures may differ from similarly titled measures presented by other companies. The reasons management believes that these non-GAAP financial measures provide useful information are set forth in the Company’s most recent Form 10-K filed with the Securities and Exchange Commission.

Forward-Looking and Cautionary Statements

Statements in the press release 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, cybersecurity, tariffs, competitive and technological factors, and the impact of the Tax Cuts and Jobs Act, among others, as set forth in the Company’s most recent Annual Report on Form 10-K and subsequent reports filed with the SEC.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits.

Exhibit Number

DescriptionofExhibits

99.1

Emerson’s February 5, 2019 press release announcing first quarter 2019 results.

EMERSON ELECTRIC CO Exhibit
EX-99.1 2 a2019q1release_ex991.htm EXHIBIT 99.1 Exhibit Investor Contact: Tim Reeves (314) 553-2197 Media Contact: Casey Murphy (314) 982-6220EMERSON REPORTS FIRST QUARTER 2019 RESULTS AND RAISES FULL YEAR GUIDANCE•Net sales of $4.1 billion increased 9 percent,…
To view the full exhibit click here

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.

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