Emerson Electric raises FY24 adjusted EPS view to $5.30-$5.45 from $5.15-$5.35

Consensus $5.30. Narrows FY24 revenue view to up 14.5%-17% from up 14%-17.5%, consensus $17.59B. Karsanbhai continued, “NI, now referred to as Test & Measurement, started the year strong delivering robust sales and margins. We have increased and accelerated our synergy plan in Test & Measurement and remain focused on creating value.”