Business Context and Reporting Period
Company: Emerson Electric Co.
Filing Type: Form 8-K (Current Report)
Date of Report: August 6, 2019
Event: Announcement of third quarter 2019 results of operations and financial condition via press release (Exhibit 99.1).
Key Financial Metrics
The provided 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. The text notes that the press release includes non-GAAP financial measures and references to underlying orders (defined as trailing three-month average orders growth versus the prior year, excluding currency, acquisitions, and divestitures), but the specific figures are not present in this excerpt.
Material Changes
The filing text does not provide specific data regarding material changes versus the prior comparable period. It indicates that such details are contained within the attached press release (Exhibit 99.1).
Guidance, Outlook, and Risks
Forward-Looking Statements: The filing includes a cautionary statement that non-historical statements in the press release are "forward-looking" and involve risks and uncertainties. The company undertakes no obligation to update these statements.
Identified Risks: Economic and currency conditions, market demand, pricing, protection of intellectual property, cybersecurity, tariffs, and competitive and technological factors.
Non-GAAP Measures: The press release utilizes non-GAAP financial measures defined under Regulation G, which management considers useful for evaluation but supplemental to GAAP information.
Investor Verification Checklist
- Review Exhibit 99.1 (the August 6, 2019 press release) for specific Q3 2019 revenue, earnings, and cash flow figures.
- Verify the reconciliation of non-GAAP financial measures to GAAP results as required by Regulation G.
- Examine the "underlying orders" growth metric details to understand the impact of currency, acquisitions, and divestitures.
- Assess the specific impact of tariffs and currency conditions mentioned in the risk factors on the reported quarter.