Emerson Electric Co (NYSE:EMR) shares are trading higher after the company reported first-quarter FY24 net sales growth of 22% Y/Y to $4.12 billion, beating the consensus of $3.92 billion.
Underlying sales and orders were up 10% Y/Y and 4% Y/Y, respectively.
Sales by Segments: Final Control $940 million (+9% Y/Y), Measurement & Analytical $947 million (+26% Y/Y), Discrete Automation $613 million (-1% Y/Y); Safety & Productivity $322 million (+4% Y/Y), Control Systems & Software $675 million (+11% Y/Y), AspenTech $257 million (+6% Y/Y), and Test & Measurement $382 …
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