Emerson 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
Underlying Sales Growth
“2% - 3%”
Period
Q1 FY2025
Measure
Company-defined measure
Source
Guidance table
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
The 2025 outlook assumes approximately $1.2
billion of dividend payments. Guidance figures are approximate.
2025
Q1
2025
Net Sales Growth
2.5% - 3.5%
3.5% - 5.5%
Underlying Sales
Growth
2%
- 3%
3%
- 5%
Earnings Per Share
$0.89 - $0.94
$4.42 - $4.62
Amortization of Intangibles
~$0.31
~$1.23
Restructuring / Related
Costs
~$0.04
~$0.16
Acquisition / Divestiture
Fees and Related Costs
~$0.01
~$0.04
Adjusted Earnings
Per Share
$1.25
- $1.30
$5.85
- $6.05
Operating Cash Flow
$3.6B - $3.7B
Free Cash Flow
$3.2B
- $3.3B
Share Repurchase
~$1.0B
~$2.0B
1 Results are presented on
a continuing operations basis.
2 Underlying orders do not
include AspenTech.
Page 2
3 Underlying sales exclude
the impact of currency translation, and significant acquisitions and divestitures.
4 Adjusted segment EBITA represents
segment earnings excluding restructuring and intangibles amortization expense.
5 Adjusted EPS excludes intangibles
amortization expense, restructuring and related costs, the amortization of acquisition-related inventory step-up, acquisition/divestiture
gains, losses, fees and related costs, discrete taxes, an AspenTech Micromine purchase price hedge and write-offs associated with Emerson's
Russia exit.
Conference Call
Today, beginning at 7:00
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.