Emerson Electric Company (EMR)
NYSE:EMR
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Earnings Data
Report Date
Aug 11, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
1.68Last Year’s EPS
1.52Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a predominantly constructive operational and financial picture: solid order momentum, healthy growth in Test & Measurement and power, strong backlog and funnel expansion, disciplined pricing and cost actions, raised EPS guidance, and continued shareholder returns. Headwinds include a material but localized Middle East disruption, a meaningful China slowdown tied to chemicals, and a temporary software contract renewal dynamic that depressed software sales and margins in the quarter. Management conveyed confidence in second-half execution while acknowledging geopolitical and renewal-related uncertainties.Company Guidance
Geographic and Vertical Strength — US and Growth Verticals
North America (U.S.) showed strength with Americas up 5% and the U.S. up 9%; growth verticals (power, LNG, life sciences, semiconductors, aerospace & defense) were up 22% in the quarter and are expected to be multi‑year drivers.
Operational Resilience and AI/Software Positioning
Management highlighted resilient operations amid disruption, disciplined pricing and cost reductions that offset inflation, and commercial progress on AI-enabled solutions (customer interest and pilot deployments such as the Aramco multisite optimization integration) that position Emerson for long-term software differentiation.
Order and Sales Momentum
Underlying orders grew 5% in Q2, supporting second-half plans; underlying sales growth was 5% in Q2 (approximately 3% excluding the software renewal and Middle East headwinds) and backlog ended the quarter at $8.2 billion, up 9% year over year with a book-to-bill of 1.07.
Strong Test & Measurement and Ovation Performance
Test and Measurement grew 12% year over year in Q2 and was a key driver of performance; Ovation (power) was up mid-teens in the quarter and Power as a vertical was up 23%.
Software Annual Contract Value and Orders Strength
Annual contract value (ACV) grew 9% year over year to $1.64 billion at quarter end; Software & Systems orders grew 18% year over year, and ACV growth is expected to be 10%+ for the full year.
Profitability and EPS Execution
Adjusted segment EBITDA margin came in around 27%–27.6% in Q2 (above expectations) and adjusted EPS was $1.54, up 4% year over year. Management raised the bottom and midpoint of full-year adjusted EPS guidance to $6.45–$6.55.
Backlog, Funnel and Project Wins
Project funnel grew to $11.2 billion and Emerson won ~ $450 million of funnel wins in the quarter (85% from growth verticals). Notable wins included Encore (DGM for electric delivery), NextDecade LNG Train 4&5, a multi-site oral GLP-1 pharma program, and aerospace test system work for a next‑gen communications satellite.
Capital Return and Cash Generation Trajectory
Completed $542 million of share repurchases in the first half and remain committed to returning ~ $2.2 billion to shareholders this fiscal year; Q2 cash flow was $694 million (cash flow margin ~15%) and management is on track for full-year cash flow growth of ~10% with free cash flow guidance of $3.5–$3.6 billion.
EMR Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EMR Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2026 | $138.38 | $147.99 | +6.94% |
Feb 03, 2026 | $151.52 | $156.72 | +3.43% |
Nov 05, 2025 | $136.62 | $131.37 | -3.84% |
Aug 06, 2025 | $138.88 | $132.32 | -4.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Emerson Electric Company (EMR) report earnings?
Emerson Electric Company (EMR) is schdueled to report earning on Aug 11, 2026, Before Open (Confirmed).
What is Emerson Electric Company (EMR) earnings time?
Emerson Electric Company (EMR) earnings time is at Aug 11, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EMR EPS forecast?
EMR EPS forecast for the fiscal quarter 2026 (Q3) is 1.68.