Benzinga | Aug 4, 2020 07:10AM EDT

Emerson Electric Q3 EPS $0.80 Beats $0.60 Estimate, Sales $3.90B Beat $3.85B Estimate

Emerson Electric (NYSE:EMR) reported quarterly earnings of $0.80 per share which beat the analyst consensus estimate of $0.60 by 33.33 percent. This is a 14.89 percent decrease over earnings of $0.94 per share from the same period last year. The company reported quarterly sales of $3.90 billion which beat the analyst consensus estimate of $3.85 billion by 1.30 percent. This is a 16.74 percent decrease over sales of $4.68 billion the same period last year.