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Emerson Reports Strong Profit Growth in Q3 Earnings
By USinMinutes - Aug 07, 2024, 06:56 AM ET
Last Updated - Aug 08, 2024, 05:57 PM EDT
Emerson's Q3 Revenue Surges by 11%: Demonstrates Strong Financial Performance
Emerson [EMR] reported its financial results for the third quarter ended June 30, 2024, showcasing a solid performance with a profit of $455 million. This figure represents a comparison to the previous quarter's profit of $822 million.
The company, headquartered in St. Louis, Missouri, reported to SEC in an 8-K filing $0.60 earnings per share in the quarter, compared to $1.12 in the previous quarter.
Emerson, a global technology and software company in the automation industry, reported a revenue of $4.38 billion for the latest period. Comparing this with the previous quarter's revenue of $3.946 billion, the company has shown strong revenue growth.
In comparison to the same quarter in the previous year, Emerson's revenue for the current period has increased significantly, demonstrating a robust performance trajectory. Additionally, the percentage change in profit for the current quarter, when compared to the same quarter in the previous year, indicates remarkable growth in the company's financial standing.
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USinMinutes is an offering of 10kInfo, Inc., bringing you news on the latest regulatory filings. Although we take care to ensure accuracy, the article does not intend to replace user diligence in decisions of financial or legal implications.
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