Emerson Electric Co (NYSE:EMR) Raises FY 26 Forecast
Emerson Electric Co. (NYSE: EMR) saw its stock rise after reporting a higher first-quarter profit and increasing the lower end of its 2026 adjusted per-share profit forecast. This improvement is attributed to strong demand for industrial automation equipment, particularly in North America, India, and the Middle East and Africa, despite softness in Europe and China. The company also plans to return $10 billion to shareholders through share repurchases and dividends by 2028.
https://fxdailyreport.com/emerson-electric-co-nyseemr-raises-fy-26-forecast/