Business Context and Reporting Period
Company: Emerson Electric Co.
Filing Type: Form 8-K (Current Report)
Date of Report: August 4, 2021
Subject: Announcement of second quarter results of operations and financial condition via press release (Exhibit 99.1).
Key Financial Metrics
The filing text serves as a cover document referencing a press release and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Investors must refer to the attached Exhibit 99.1 for detailed financial data.
Non-GAAP Measures: The filing notes the use of non-GAAP financial measures in the press release, specifically regarding trailing three-month average orders growth (excluding currency, acquisitions, and divestitures).
Material Changes
The filing does not provide specific comparative data or material changes versus the prior period. It only confirms the issuance of results for the second quarter.
Guidance, Outlook, and Risks
Forward-Looking Statements: The press release contains forward-looking statements subject to risks and uncertainties. Emerson undertakes no obligation to update these statements.
Key Risks Identified:
- Scope, duration, and impact of the COVID-19 pandemic.
- Economic and currency conditions.
- Market demand fluctuations, including those related to the pandemic.
- Oil and gas price declines and volatility.
- Pricing pressures, intellectual property protection, and cybersecurity.
- Tariffs and competitive/technological factors.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific Q2 2021 revenue, earnings, and cash flow figures.
- Verify the reconciliation of non-GAAP measures to GAAP financial results.
- Assess the impact of oil and gas price volatility on the company's specific segments.
- Confirm the trailing three-month average orders growth rate excluding currency and M&A effects.