Emerson Q4 2022 Earnings Report

Emerson reported strong Q4 2022 results with sales and adjusted EPS increases, driven by automation demand and backlog.

Key Takeaways

Emerson reported an 8% increase in fourth-quarter net sales and a 12% increase in underlying sales. Adjusted earnings per share were up 16 percent. The company's strong performance was driven by continued strength in automation demand and a robust backlog.

Fourth quarter net sales were up 8 percent and underlying sales were up 12 percent.

Adjusted earnings per share were $1.53, up 16 percent.

Fourth quarter operating cash flow was $1.2 billion, up 42 percent, and free cash flow was $1.0 billion, up 63 percent.

Automation Solutions fourth quarter net sales were up 7 percent, with underlying sales up 13 percent.

Total Revenue

$5.36B

Previous year: $4.95B