ST. LOUIS, May 8, 2024 /PRNewswire/ -- Emerson (NYSE: EMR) today reported results1 for its second quarter ended March 31, 2024 and updated its full year outlook for fiscal 2024. Emerson also declared a quarterly cash dividend of $0.525 per share of common stock payable June 10, 2024 to stockholders of record on May 17, 2024.
(dollars in millions, except per share)
2023 Q2
2024 Q2
Change
Underlying Orders2
(1) %
Net Sales
$3,756
$4,376
17 %
Underlying Sales3
8 %
Pretax Earnings
$639
$652
Margin
17.0 %
14.9 %
(210) bps
Adjusted Segment EBITA4
$924
$1,139
Margin
24.6 %
26.0 %
140 bps
GAAP Earnings Per Share
$0.92
$0.87
(5) %
Adjusted Earnings Per Share5
$1.09
$1.36
25 %
Operating Cash Flow
$575
$757
32 %
Free Cash Flow
$513
$675
32 %
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