Business Context and Reporting Period
Company: Emerson Electric Co.
Filing Type: Form 8-K (Current Report)
Date of Report: February 7, 2012
Reporting Period: First Quarter 2012
This filing serves as a notification that the Company issued a press release on February 7, 2012, announcing its financial results for the first quarter of 2012. The detailed results are contained in Exhibit 99.1, which is not included in the text of this Form 8-K.
Key Financial Metrics
The provided filing text 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).
Non-GAAP Measures: The filing notes that the press release includes non-GAAP financial measures. Management considers these useful for evaluation but advises they are supplemental to GAAP information.
Orders: References to orders in the associated press release refer to the Company's trailing three-month average GAAP underlying orders compared to the prior year.
Material Changes
The filing text does not provide specific data regarding material changes in financial performance versus the prior comparable period. Investors must refer to the attached press release for comparative analysis.
Guidance, Outlook, and Risks
Management Commentary: Management asserts that the non-GAAP measures provided in the press release offer useful information, with further rationale available in the Company's most recent Form 10-K.
Risks and Contingencies: No specific risks, contingencies, or unusual items are detailed in the text of this Form 8-K. The filing explicitly states that non-GAAP measures may differ from similarly titled measures presented by other companies.
Important Facts for Investor Verification
- Verify the specific Q1 2012 revenue, earnings, and cash flow figures in the attached press release (Exhibit 99.1), as they are not listed in this summary document.
- Review the reconciliation between GAAP and non-GAAP financial measures provided in the press release to understand the adjustments made.
- Confirm the definition of "orders" used in the press release, which is based on a trailing three-month average of GAAP underlying orders.
- Consult the most recent Form 10-K for the detailed rationale behind the use of non-GAAP financial measures.