Emerson quarterly profit doubles on higher automation demand -Breaking
[ad_1]
© Reuters. FILE PHOTO. Emerson Electric Co. appears on a monitor on the New York Stock Exchange’s floor in New York on January 13, 2020. REUTERS/Brendan McDermid/File Photo(Reuters] – Emerson Electric Co, an industrial conglomerate (NYSE:), reported a surge in quarterly profit on Wednesday. This was due to strong demand from its automation systems along with its valves/instruments across various sectors.
In the third quarter, net income increased to $896million or $1.50 per Share, from $445million or 74cs per Share a year prior.
Disclaimer: Fusion MediaThis website does not provide accurate and current data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. As such, the prices might not reflect market values and could be incorrect. Fusion Media does not accept any liability for trade losses you may incur due to the use of these data.
Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information, including buy/sell signal data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.
[ad_2]