Sees FY24 revenue up 15%-16%, consensus $17.6B. Sees FY24 free cash flow $2.7B. The company said, “The 2024 outlook assumes approximately $500 million returned to shareholders through share repurchases and approximately $1.2 billion of dividend payments. Guidance figures are approximate.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EMR:
- Emerson Electric Announces New Director and Q2 Results
- Emerson Reports Second Quarter 2024 Results; Updates 2024 Outlook
- Emerson Electric (EMR) Q2 Earnings Cheat Sheet
- Emerson Electric price target raised to $131 from $116 at Wolfe Research
- Emerson Electric price target raised to $133 from $120 at Citi