Emerson reports fourth quarter and full year 2019 results, provides 2020 outlook
Emerson reports fourth quarter and full year 2019 results, provides 2020 outlook.q4 net sales of $5.0 billion increased 2 percent; underlying sales up 3 percent.q4 net sales of $5.0 billion increased 2 percent; underlying sales up 3 percent.q4 eps of $1.16 and full year $3.71 included discrete tax benefits of $0.09 and $0.14, respectively.q4 net sales of $5.0 billion increased 2 percent.q4 earnings per share view $1.08, revenue view $5.04 billion -- refinitiv ibes data.plan to announce a 4-cent dividend increase for 2020.expect to reset 2020 and long-term guidance at our february 2020 investor conference.expect to present board's conclusions from comprehensive review and updated 2020 guidance at february investor conference..2020 guidance assumes that end market growth is muted, or even slightly negative.2020 guidance assumes emerson net sales down 3 percent to up 1 percent and underlying sales down 2 percent to up 2 percent..sees 2020 adjusted eps range $3.48 to $3.72.planning for a challenging economic environment in fiscal 2020.sees capital expenditures of $600 million.sees 2020 operating cash flow of $3.1 billion.emerson electric - u.s. presidential election, trade tensions, rising wave of corporate restructuring announcements will pressure economies in 2020.
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