Earnings Preview: Emerson Electric Revenue Expected to Rise

Emerson Electric EMR unveils its next round of earnings this Tuesday, August 2, 2011. Get the latest predictions in Benzinga's essential guide to the company's third quarter earnings report.

Earnings and Revenue:

Based on estimates, investors are readying for a positive EPS reading of 90 cents per share and revenues of $6.39 billion. Wall Street will be looking to see how this quarter's numbers compare to the year-ago quarter's positive EPS of 78 cents per share on revenues of $5.64 billion. We'll know on Tuesday whether Emerson Electric has managed the estimated 15.4% increase in EPS and 13.3% rise in revenues on a year-over-year basis.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Stock Performance:

Shares of Emerson Electric were trading at $50.43 as of July 27, 2011. Shares are down 10.7% year to date. For a full 12 months, the return has risen by 3.8%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Emerson Electric is a Moderate Buy. Over the past three months this rating's strength has declined slightly.

Competitors:

Want to check out the performance of Emerson Electric closest competitors? Take a look at some of the company's peers in the industrials sector.

• Ametek AME: Moderate Buy with a $0.58 recent quarter EPS
• Cognex CGNX: Moderate Buy with a $0.32 recent quarter EPS
• Danaher DHR: Moderate Buy with a $0.69 recent quarter EPS

The machinery-electrical company's industry has seen price/earnings growth of 0.3% during the current fiscal year.

Finally, a description of the company's main areas of operation: Emerson Electric is a multinational technology company, which designs and supplies product technology. It provides engineering services to a wide gamut of industrial, commercial and consumer markets worldwide.

Take Action:

That's your advanced look at Emerson Electric's upcoming earnings numbers -- be ready to take quick action if the company's report contains any surprises. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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