Emerson Electric (NYSE:EMR) Q1 EPS $0.78 Misses $1.21 Estimate

Emerson Electric (NYSE:EMR) reported quarterly earnings of $0.78 per share which missed the analyst consensus estimate of $1.21 by 35.54 percent. This is a 25.71 percent decrease over earnings of $1.05 per share from the same period last year. The company reported quarterly sales of $3.37 billion which missed the analyst consensus estimate of $4.75 billion by 28.99 percent. This is a 24.59 percent decrease over sales of $4.47 billion the same period last year.

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