Emerson's (EMR) Q3 results benefit from strong growth in underlying orders and increased demand for technology, software and solutions.
Emerson Electric (EMR) delivered earnings and revenue surprises of 6.98% and 2.25%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
The St. Louis, Missouri-based company, which began selling fans and electric motors more than a century ago, has been positioning itself as a technology-focused firm with a string of acquisitions over the last few years. Companies globally have been making efforts to automate their assembly lines by adding robots to help meet rising demand for goods, amid a shortage of workers following the pandemic.