Emerson Reports First-Quarter 2007 Sales Up 11 Percent To $5.1 Billion; 15 Percent Increase In Earnings Per Share To $0.55.
Business Wire › February 06, 2007
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Emerson Reports First-Quarter 2007 Sales Up 11 Percent To $5.1 Billion; 15 Percent Increase In Earnings Per Share To $0.55.
ST. LOUIS -- Emerson (NYSE: EMR) announced net sales for the first quarter ended December 31, 2006 were $5.1 billion, an increase of 11 percent over the $4.5 billion reported in the same period last year. Net earnings for the first quarter increased 12 percent to $445 million, or $0.55 per share. This represents a 15 percent increase in earnings per share from the $0.48 earned in the same period last year. All per share amounts reflect the 2-for-1 stock split in the form of a stock dividend that was paid on December 11, 2006.
Underlying sales grew 4 percent in the quarter,...See the full content of this document
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