Reports Q1 revenue $3.37B, consensus $3.42B. "Emerson continues to execute on the strategy we presented at our November 29th Investor Conference," said Emerson president and CEO Lal Karsanbhai. "Continued strength in our end markets and operational excellence, enabled by our Emerson Management System, resulted in a great start to 2023. We delivered underlying sales growth of 6 percent and strong segment margin expansion with operational leverage above our targets. Continued operational performance gives us confidence to reiterate our 2023 underlying sales and adjusted EPS outlook, overcoming the impact of higher than expected stock compensation expense."
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