By Sarah Coffey

 

Emerson Electric Co. (EMR) on Tuesday reported third-quarter earnings that beat analysts' estimates.

The St. Louis manufacturing company posted a profit of $604 million, or 97 cents a share, compared to $712 million, or $1.12 a share, a year earlier. Analysts polled by FactSet expected 94 cents a share.

Sales rose 5% to $4.68 billion, Emerson said, falling short of the $4.82 billion expected by analysts, per FactSet.

Emerson maintained its 2019 earnings forecast of $3.60 to $3.70 a share.

 

Write to Sarah Coffey at sarah.coffey@wsj.com

 

(END) Dow Jones Newswires

August 06, 2019 07:56 ET (11:56 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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