Emerson Reports First Quarter 2023 Results; Updates 2023 Outlook

ST. LOUIS (Feb. 8, 2023) - Emerson (NYSE: EMR) today reported results for its first quarter ended December 31, 2022 and updated its full year outlook for fiscal 2023, which are presented on a continuing operations basis.
 
“Emerson continues to execute on the strategy we presented at our November 29th Investor Conference,” said Emerson President and Chief Executive Officer Lal Karsanbhai. “Continued strength in our end markets and operational excellence, enabled by our Emerson Management System, resulted in a great start to 2023. We delivered underlying sales growth of 6 percent and strong segment margin expansion with operational leverage above our targets.