Emerson Electric Company: Beat — EPS $1.86, Revenue $5.2B
Earnings BeatQ4 2026 · Pre-market
Did Emerson Electric Company (EMR) beat earnings today?
Yes, Emerson Electric Company (EMR) beat Wall Street analyst expectations for Q4 2026, reporting higher-than-expected EPS and higher-than-expected revenue.
Earnings Per Share+0.54% surprise
$1.86Actual
Expected: $1.85
vs. year ago +15.0%
Total Revenue+1.58% surprise
$5.2BActual
Expected: $5.12B
vs. year ago +7.0%
Released Nov 04 · 6:55 AM ET
Earning Report
| Metric | Q4 2026 | Q4 2025 | YoY Change % |
|---|---|---|---|
| Revenue | $5.20B | $4.86B | +7.0% |
| Revenue detail — reported lines | |||
| └─Control Systems & Software | $1.25B | $1.10B | +14.0% |
| └─Test & Measurement | $465.00M | $407.00M | +14.0% |
| └─Software & Systems | $1.71B | $1.51B | +14.0% |
| └─Sensors | $1.19B | $1.15B | +4.0% |
| └─Final Control | $1.73B | $1.64B | +5.0% |
| └─Intelligent Devices | $2.92B | $2.79B | +5.0% |
| └─Safety & Productivity | $573.00M | $563.00M | +2.0% |
| GAAP Diluted EPS | $1.33 | $1.07 | +24.0% |
| Adjusted EPS | $1.86 | $1.62 | +15.0% |
| Net Earnings | $744.00M | $609.00M | +22.2% |
Financial Outlook / Guidance
| Metric | Q1 2027 Outlook | FY2027 Outlook | ||
|---|---|---|---|---|
| Guidance | Expected | Guidance | Expected | |
| Net Sales Growth | ~5% | — | ~5% | — |
| Underlying Sales Growth | ~5% | — | ~5% | — |
| Earnings Per Share | $1.19 - $1.23 | $1.62Miss -25.31% | ~$5.70 | $7.25Miss -21.38% |
| Amortization of intangibles | ~$0.35 | — | ~$1.41 | — |
| Restructuring and related costs | ~$0.04 | — | ~$0.14 | — |
| Adjusted Earnings Per Share | $1.58 - $1.62 | — | ~$7.25 | — |
| Operating Cash Flow | — | — | $4.3B - $4.4B | — |
| Free Cash Flow | — | — | $3.8B - $3.9B | — |
| Share Repurchase | ~$1.5B | — | ~$2.5B | — |
| Dividends | — | — | ~$1.3B | — |
| Capital Returns | — | — | ~$3.8B | — |
Q1 2027 Outlook
- Net Sales Growth
- Guidance~5%Expected—
- Underlying Sales Growth
- Guidance~5%Expected—
- Earnings Per Share
- Guidance$1.19 - $1.23Expected$1.62Miss -25.31%
- Amortization of intangibles
- Guidance~$0.35Expected—
- Restructuring and related costs
- Guidance~$0.04Expected—
- Adjusted Earnings Per Share
- Guidance$1.58 - $1.62Expected—
- Operating Cash Flow
- Guidance—Expected—
- Free Cash Flow
- Guidance—Expected—
- Share Repurchase
- Guidance~$1.5BExpected—
- Dividends
- Guidance—Expected—
- Capital Returns
- Guidance—Expected—
FY2027 Outlook
- Net Sales Growth
- Guidance~5%Expected—
- Underlying Sales Growth
- Guidance~5%Expected—
- Earnings Per Share
- Guidance~$5.70Expected$7.25Miss -21.38%
- Amortization of intangibles
- Guidance~$1.41Expected—
- Restructuring and related costs
- Guidance~$0.14Expected—
- Adjusted Earnings Per Share
- Guidance~$7.25Expected—
- Operating Cash Flow
- Guidance$4.3B - $4.4BExpected—
- Free Cash Flow
- Guidance$3.8B - $3.9BExpected—
- Share Repurchase
- Guidance~$2.5BExpected—
- Dividends
- Guidance~$1.3BExpected—
- Capital Returns
- Guidance~$3.8BExpected—
Business Highlights
- ➤Declared a 7% quarterly cash dividend increase to $0.595 per share.
- ➤Demand was broad-based across all business groups and regions.
- ➤Long-cycle project activity was strong in Emerson’s growth verticals.
- ➤Emerson highlighted its software-defined technology stack and alignment with long-term secular trends.
Management Commentary
Lal Karsanbhai, President and Chief Executive Officer
“Emerson capped a strong 2026 with fourth quarter sales and profitability exceeding expectations. Underlying orders were up 14%, supported by exceptional long-cycle project activity in our growth verticals. Demand was broad-based, with substantial growth across all business groups and regions.”
Lal Karsanbhai, President and Chief Executive Officer
“Emerson has a resilient portfolio with an unparalleled software-defined technology stack aligned with long-term secular trends. We have confidence in our 2027 plans given our robust backlog and favorable demand trends in our growth verticals.”