Business Context and Reporting Period
Company: Emerson Electric Co.
Filing Type: Form 8-K (Current Report)
Date of Report: May 2, 2017
Reporting Period: Second Quarter 2017
This filing serves as a notification that the Company issued a press release on May 2, 2017, announcing its financial results for the second quarter of 2017. The full details of the results are contained in the attached press release (Exhibit 99.1).
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 filing as the trailing three-month average orders growth versus the prior year, excluding the effects of currency, acquisitions, and divestitures.
- Non-GAAP Measures: The filing notes the use of non-GAAP financial measures in the press release, which are intended as supplemental information and not a substitute for 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 filing includes a cautionary statement regarding forward-looking information. The Company undertakes no obligation to update these statements to reflect later developments.
Identified Risks and Uncertainties:
- Economic and currency conditions
- Market demand
- Pricing
- Protection of intellectual property
- Competitive and technological factors
Further details on risks are referenced in the Company's most recent Form 10-K.
Investor Verification Checklist
- Review Exhibit 99.1 (the May 2, 2017 press release) for specific Q2 2017 revenue, earnings, and cash flow figures.
- Verify the reconciliation between GAAP and non-GAAP financial measures presented in the press release.
- Confirm the specific impact of currency, acquisitions, and divestitures on the reported trailing three-month average orders growth.
- Consult the most recent Form 10-K for a comprehensive list of risk factors mentioned in the forward-looking statements.