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Emerson(EMR) - 2024 Q4 - Earnings Call Transcript
2024-11-06 00:41
财务数据和关键指标变化 - 2024年调整后的每股收益为5.49美元,同比增长24% [54] - 自由现金流为29亿美元,同比增长23% [54] - 2024年调整后的EBITDA利润率为26%,较上年提高100个基点 [52] 各条业务线数据和关键指标变化 - 2024年,过程和混合业务的销售增长高达高单位数,智能设备增长5%,软件和控制增长8% [49] - 测试与测量业务的销售额为14.6亿美元,同比下降12% [51] - 2024年,调整后的EBITDA利润率为24%,实现了1亿美元的协同效应 [53] 各个市场数据和关键指标变化 - 亚洲、中东和非洲市场增长8%,主要受益于LNG和化工项目 [50] - 欧洲市场增长7%,受益于LNG、可持续性和生命科学领域的强劲表现 [50] - 中国市场下降3%,主要由于化工和离散市场需求疲软 [50] 公司战略和发展方向和行业竞争 - 公司计划以每股240美元收购AspenTech的剩余股份,旨在整合两家公司以加速工业软件战略 [9][13] - 公司正在探索安全与生产力业务的战略选择,包括现金出售,以最大化股东价值 [14] - 公司预计在2025年回购约20亿美元的普通股,并计划在第一季度完成10亿美元的回购 [15] 管理层对经营环境和未来前景的评论 - 管理层对2025年的前景持乐观态度,预计过程和混合市场将保持韧性,离散市场将在2025年上半年恢复增长 [66] - 管理层指出,客户在数字化和自动化技术上的投资将继续推动需求增长 [66] - 管理层提到,尽管电动汽车市场仍然疲软,但其他离散市场的早期复苏迹象令人鼓舞 [70] 其他重要信息 - 公司在2024年实现了50.8%的创纪录毛利率,较2021年提高近1000个基点 [57] - 公司计划在2025年将报告的业务部门从七个简化为五个 [41] 问答环节所有提问和回答 问题: 关于2025年的整体订单环境和销售预期 - 管理层表示,2024年末的72亿美元的总订单量是健康的,支持2025年的销售预期 [85] - 管理层认为,过程和混合市场的项目活动持续向好,预计将支持2025年的中单位数增长 [87] 问题: 关于中国市场的复苏 - 管理层指出,尽管中国市场在2024年下降,但预计在2025年下半年将恢复增长,主要受益于自给自足计划和可持续性投资 [92] 问题: 关于电力业务的增长 - 管理层提到,电力业务在公司收入中占比约9%,并预计在2025年将继续增长 [106] 问题: 关于AspenTech的收购对2025年的影响 - 管理层表示,AspenTech的贡献预计在2025年将是中性,具体细节将在达成最终协议后公布 [110]
Emerson Electric (EMR) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-05 23:36
For the quarter ended September 2024, Emerson Electric (EMR) reported revenue of $4.62 billion, up 12.9% over the same period last year. EPS came in at $1.48, compared to $1.29 in the year-ago quarter.The reported revenue represents a surprise of +0.94% over the Zacks Consensus Estimate of $4.58 billion. With the consensus EPS estimate being $1.47, the EPS surprise was +0.68%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Stre ...
Emerson Electric (EMR) Surpasses Q4 Earnings and Revenue Estimates
ZACKS· 2024-11-05 21:42
Emerson Electric (EMR) came out with quarterly earnings of $1.48 per share, beating the Zacks Consensus Estimate of $1.47 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.68%. A quarter ago, it was expected that this maker of process controls systems, valves and analytical instruments would post earnings of $1.42 per share when it actually produced earnings of $1.43, delivering a ...
Emerson(EMR) - 2024 Q4 - Annual Results
2024-11-05 19:54
Exhibit 99.1 Emerson Reports Fourth Quarter and Full Year 2024 Results; Provides Initial 2025 Outlook ST. LOUIS (November 5, 2024) - Emerson (NYSE: EMR) today reported results for its fourth quarter and fiscal year ended September 30, 2024. Emerson also declared a quarterly cash dividend increase to $0.5275 per share of common stock payable December 10, 2024 to stockholders of record November 15, 2024. | --- | --- | --- | --- | --- | --- | --- | |-------------------------------------------|-----------|----- ...
Emerson Reports Fourth Quarter and Full Year 2024 Results; Provides Initial 2025 Outlook
Prnewswire· 2024-11-05 19:30
ST. LOUIS, Nov. 5, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its fourth quarter and fiscal year ended September 30, 2024. Emerson also declared a quarterly cash dividend increase to $0.5275 per share of common stock payable December 10, 2024 to stockholders of record November 15, 2024. (dollars in millions, except per share) 2023 Q4 2024 Q4 Change 2023 2024 Change Underlying Orders2 2 % 2 % Net Sales $4,090 $4,619 13 % $15,165 $17,492 15 % Underl ...
Emerson Electric Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2024-11-05 13:52
Emerson Electric Co. EMR will release earnings results for its fourth quarter, before the opening bell on Tuesday, Nov. 5.Analysts expect the Saint Louis, Missouri-based company to report quarterly earnings at $1.47 per share, up from $1.29 per share in the year-ago period. Emerson Electric projects to report revenue of $4.57 billion for the quarter, compared to $4.09 billion a year earlier, according to data from Benzinga Pro.On Aug. 21, Emerson announced it has made a strategic investment through its corp ...
Curious about Emerson Electric (EMR) Q4 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2024-10-31 22:20
Wall Street analysts expect Emerson Electric (EMR) to post quarterly earnings of $1.47 per share in its upcoming report, which indicates a year-over-year increase of 14%. Revenues are expected to be $4.58 billion, up 11.9% from the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 1.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Prior ...
Emerson Electric Set to Report Q4 Earnings: Is a Beat in Store?
ZACKS· 2024-10-31 19:11
Emerson Electric Co. (EMR) is likely to witness bottom and top-line growth when it reports fourth-quarter fiscal 2024 (ended Sept. 30, 2024) results on Nov. 5, before market open. The Zacks Consensus Estimate for revenues is pegged at $4.58 billion, indicating growth of 11.9% from the prior-year quarter’s figure.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The consensus mark for earnings is pinned at $1.47 per share, which has remained steady in the past 60 days. The figure indic ...
Emerson Electric (EMR) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-10-29 23:07
Emerson Electric (EMR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on No ...
Emerson Electric (EMR) Stock Drops Despite Market Gains: Important Facts to Note
ZACKS· 2024-10-25 07:06
Emerson Electric (EMR) closed the latest trading day at $108.26, indicating a -0.23% change from the previous session's end. This change lagged the S&P 500's 0.22% gain on the day. Elsewhere, the Dow saw a downswing of 0.33%, while the tech-heavy Nasdaq appreciated by 0.76%.Heading into today, shares of the maker of process controls systems, valves and analytical instruments had gained 3.94% over the past month, outpacing the Industrial Products sector's loss of 1.98% and the S&P 500's gain of 1.47% in that ...