What to Expect From Emerson Electric’s Upcoming Investor Day
<p>RBC Capital analysts provided their views on <a href='https://financialmodelingprep.com/financial-summary/EMR'>Emerson Electric Co. (NYSE:EMR)</a> upcoming NYC Investor Day, scheduled on Nov 29. With the $14 billion Climate Tech divestiture announced on Oct 31, the analysts expect the focus of the Investor Day to be on the long-term positioning of the pure-play automation company and some perspective/timeline on how the 25% “earnings hole” will be filled.</p>
<p>The analysts expect the company to elaborate on the drivers of its through-the-cycle metrics provided last quarter, namely its 4%-7% organic growth, 23% adjusted segment EBITDA margins, and 100% free cash flow conversion. Recall that the automation segment underwent a sizable restructuring in 2019-2021, driving out $520 million in cost savings.</p>

NYSE:EMR