HighGravityDataEmerson Electric — Nov 5, 2024 release
Fiscal 2024 fourth-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000950103-24-015969
Showing in the filing
Quarterly cash dividend increase
“$0.5275 per share”
Period
FY2024
Measure
Declared action
Source
Prose
All guidance in this release · 22
Quarterly cash dividend increase for FY2024
“$0.5275 per share”
Quarterly Cash Dividend
“$0.5275 per share of common stock payable December 10, 2024”
Dividend payments assumption for FY2025
“approximately $1.2 billion”
Net Sales Growth for Q1 FY2025
“2.5% - 3.5%”
Net Sales Growth for FY2025
“3.5% - 5.5%”
Underlying Sales Growth for Q1 FY2025
“2% - 3%”
Underlying Sales Growth for FY2025
“3% - 5%”
Earnings Per Share for Q1 FY2025
“$0.89 - $0.94”
Earnings Per Share for FY2025
“$4.42 - $4.62”
Amortization of Intangibles for Q1 FY2025
“~$0.31”
Amortization of Intangibles for FY2025
“~$1.23”
Acquisition / Divestiture Fees and Related C… for FY2025
“~$0.04”
Restructuring / Related Costs for Q1 FY2025
“~$0.04”
Restructuring / Related Costs for FY2025
“~$0.16”
Acquisition / Divestiture Fees and Related C… for Q1 FY2025
“~$0.01”
Adjusted Earnings Per Share for Q1 FY2025
“$1.25 - $1.30”
Adjusted Earnings Per Share for FY2025
“$5.85 - $6.05”
Operating cash flow for FY2025
“$3.6B - $3.7B”
Free cash flow for FY2025
“$3.2B - $3.3B”
Share Repurchase for Q1 FY2025
“~$1.0B”
Share Repurchase for FY2025
“~$2.0B”
Capital expenditures for FY2025
“~(0.4)”
Exhibit 99.1 · the passage around this item
… earlier in the release
25 Outlook
ST. LOUIS (November 5, 2024) - Emerson (NYSE: EMR) today
reported results 1 for its fourth quarter and fiscal year ended September 30, 2024. Emerson also declared a quarterly cash
dividend increase to $0.5275 per share of common stock payable December 10, 2024 to stockholders of record November 15, 2024.
(dollars
in millions, except per share)
2023
Q4
2024
Q4
Change
2023
2024
Change
Underlying Orders 2
2%
2%
Net Sales
$4,090
$4,619
13%
$15,165
$17,492
15%
Underlying
Sales 3
4%
6%
Pretax Earnings
$1,020
$679
$2,903
$2,020
Margin
24.9%
14.7%
(1020)
bps
19.1%
11.5%
(760)
bps
Adjusted Segment EBITA 4
$1,045
$1,210
$3,794
$4,552
Margin
25.5%
26.2%
70
bps
25.0%
26.0%
100
bps
GAAP Earnings Per Share
$1.36
$0.97
(29)%
$3.96
$2.82
(29)%
Adjusted Earnings
Per Share 5
$1.29
$1.48
15%
$4.44
$5.49
24%
Operating Cash Flow
$991
$1,073
8%
$2,710
$3,317
22%
Free Cash Flow
$822
$905
10%
$2,347
$2,898
23%
Management Commentary
"Emerson completed an outstanding fiscal 2024, with strong underlying
sales growth, operating leverage, adjusted earnings per share and cash generatio
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.