UPDATE: Emerson Electric FQ1 Profit Rises 22%
Emerson Electric Co (NYSE: EMR ) reported a 22% rise in its fiscal first-quarter profit. Emerson Electric's quarterly profit surged to $454 million, or $0.62 per share, from $371 million, or $0.50 per share, in the year-ago period. Its revenue rose 4.6% to $5.55 billion. However, analysts were expecting earnings
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