Emerson reports fourth quarter and full year 2020 results, provides initial 2021 outlook

St. louis--(business wire)--emerson (nyse: emr) today reported results for the fourth fiscal quarter and fiscal year ended september 30, 2020. fourth quarter gaap net sales were down 8 percent and underlying sales were down 9 percent excluding favorable currency of 1 percent. overall revenue declines were in-line with management guidance, with automation solutions finishing at the low end of expectations and commercial & residential solutions finishing above expectations. overall, the compa
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