Business Context and Reporting Period
Company: Emerson Electric Co.
Filing Type: Form 8-K (Current Report)
Date of Report: February 7, 2017
Reporting Period: First Quarter 2017
Context: This filing serves to announce the issuance of a press release (Exhibit 99.1) detailing the Company's first quarter 2017 results of operations and financial condition.
Key Financial Metrics
The provided text is a cover document for the Form 8-K and does not contain specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are referenced as being contained within the attached press release (Exhibit 99.1), which is not included in the input text.
- Revenue/Profit/Cash Flow: Not provided in this text.
- Margins/Debt/Liquidity: Not provided in this text.
- Orders: The text notes that references to underlying orders in the press release refer to the trailing three-month average orders growth versus the prior year, excluding currency, acquisitions, and divestitures. Specific growth percentages are not listed here.
Material Changes
The filing text does not provide specific data on material changes versus the prior comparable period. It only confirms that a press release was issued to report these results.
Guidance, Outlook, and Risks
Non-GAAP Measures: The press release contains non-GAAP financial measures defined under Regulation G. Management considers these useful for evaluation but notes they are supplemental and not a substitute for GAAP information.
Forward-Looking Statements: The filing includes a cautionary statement regarding forward-looking information. Emerson undertakes no obligation to update these statements. Identified risks and uncertainties include:
- Economic and currency conditions
- Market demand
- Pricing
- Protection of intellectual property
- Competitive and technological factors
Investor Verification Checklist
- Review Exhibit 99.1 (the press release) for specific Q1 2017 revenue, earnings, and cash flow figures.
- Verify the specific trailing three-month average orders growth rate excluding currency and M&A impacts.
- Examine the reconciliation of non-GAAP financial measures to GAAP results in the full press release.
- Assess the impact of currency fluctuations on reported results as noted in the order growth definition.