Business Context and Reporting Period
Company: Emerson Electric Co.
Filing Type: Form 8-K (Current Report)
Date of Report: May 1, 2018
Reporting Period: Second Quarter 2018
This filing serves as a notification that the Company issued a press release on May 1, 2018, announcing its financial results for the second quarter of 2018. The full details of the results are contained in Exhibit 99.1, which is attached to this report.
Key Financial Metrics
The provided text is a cover document and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being detailed in the attached press release (Exhibit 99.1).
Notable Definitions:
- Orders Growth: Defined in the press release as the trailing three-month average orders growth versus the prior year, excluding currency, acquisitions, and divestitures.
- Non-GAAP Measures: The press release includes non-GAAP financial measures intended as supplemental information to GAAP results.
Material Changes
The filing text does not provide specific data regarding material changes in financial performance compared to the prior comparable period. Investors must refer to the attached press release for specific year-over-year comparisons.
Guidance, Outlook, and Risks
Forward-Looking Statements: The press release contains forward-looking statements subject to risks and uncertainties. The Company explicitly states it undertakes no obligation to update these statements.
Identified Risks:
- Economic and currency conditions
- Market demand and pricing
- Protection of intellectual property
- Competitive and technological factors
- Impact of the Tax Cuts and Jobs Act
Guidance: Specific guidance or outlook figures are not present in this text; they are contained within the referenced press release.
Investor Verification Checklist
- Review Exhibit 99.1 (the May 1, 2018 press release) for actual Q2 2018 revenue, earnings, and cash flow figures.
- Verify the reconciliation between GAAP and non-GAAP financial measures presented in the press release.
- Assess the specific impact of the Tax Cuts and Jobs Act on the Company's financial position as detailed in the full report.
- Confirm the trailing three-month average orders growth figures excluding currency and M&A effects.