Another quarter and another set of tough end-market conditions for Emerson Electric (NYSE: EMR). It almost feels like the company has spent the last two years firefighting deteriorating end markets. To be fair, though, its management hasn't stood still. Restructuring plans are afoot, even while the recent second-quarter results confirmed ongoing tough conditions. Let's take a look at the key themes and numbers from the earnings.
OIL AND GAS SPENDING REMAINS DIFFICULT FOR EMERSON ELECTRIC. IMAGE SOURCE: EMERSON ELECTRIC.
READ THE FULL EQUITY RESEARCH ARTICLE LINKED
No comments:
Post a Comment