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Net sales were $4.8 billion, up 8% from the year prior; underlying sales were up 10%.
May 6, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
Emerson reported results for its second fiscal quarter ended March 31, 2022 and updated its full year outlook for fiscal 2022. Second quarter 2022 net sales were up 8% to $4.8 billion, and underlying sales were up 10%. By geography, the Americas grew 14%, Europe grew 2% and Asia, Middle East & Africa grew 7%. China grew 11%. Earnings per share were $1.13 for the quarter, up 22%. Earnings in the quarter benefited from leverage, continued savings from effective cost management and favora...
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