Emerson Electric Beats Q3 Estimates on Strong Automation Demand

Emerson Electric reported third‑quarter adjusted earnings of $1.71 per share, surpassing the $1.68 expected by analysts. Total revenue rose 7% year‑over‑year to $4.87 billion, beating the consensus forecast of $4.8 billion. The company’s software and systems segment saw revenue increase 11%, with test‑and‑measurement sales jumping 23%, driven by robust demand for automation solutions in North America and Asia. Sales in Europe fell 1% compared with the prior year. After the results, Emerson’s shares slipped about 2.4% in after‑hours trading. The St. Louis‑based firm highlighted ongoing headwinds in the European automotive, packaging and chemical sectors but emphasized the strength of its automated, software‑connected test and measurement systems.