Why Is Emerson Electric (EMR) Down 8.3% Since Last Earnings Report?
Emerson(EMR) ZACKS·2024-06-08 00:37
A month has gone by since the last earnings report for Emerson Electric (EMR) . Shares have lost about 8.3% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Emerson Electric due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Emerson Q2 Earnings Surpass Estimates, Sa ...