Emerson forecasts fy2020 adjusted earnings per share between $3.00 and $3.20

Emerson reports second quarter 2020 results and updates full year 2020 guidance.sees fy 2020 adjusted earnings per share $3.00 to $3.20.sees fy 2020 gaap earnings per share $2.62 to $2.82.q2 adjusted gaap earnings per share $0.89 excluding items.q2 earnings per share estimate $0.74 -- refinitiv ibes data.updating full-year sales and eps guidance due to covid-19 pandemic and much weaker demand environment.qtrly net sales of $4.2 billion were down 9 percent.qtrly gaap eps was $0.84.2020 gaap earnings per share guidance is $2.62 to $2.82.fy2020 earnings per share view $2.97 -- refinitiv ibes data.expect 2020 capital expenditures to be $550 million, compared to the previous guidance of $650 million.total restructuring actions for year are now expected to be approximately $280 million.no change in dividend plan.emerson electric - updated 2020 guidance assumes continued significant demand deterioration in q3, & demand remaining negative through h1 2021.share repurchases, now complete for the year, will be approximately $950 million, compared to the previous guidance of $1.5 billion.q2 revenue view $4.28 billion -- refinitiv ibes data.
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