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Earnings Flashback: Since Reporting Quarterly Results 1 Week Ago Emerson Electric Is Up 5.0% (EMR)
[May 20, 2013]

Earnings Flashback: Since Reporting Quarterly Results 1 Week Ago Emerson Electric Is Up 5.0% (EMR)


May 20, 2013 (SmarTrend(R) News Watch via COMTEX) -- When Emerson Electric (NYSE:EMR) reported earnings 13 days ago on May 7th, 2013, analysts, on average, expected the company to report earnings of $0.78 on sales of $6.0 billion. The company actually reported EPS of $0.78 on sales of $6.0 billion, missing EPS estimates by $0.00 and missing revenue estimates by $68.4 million. Since the company's report, shares of Emerson Electric have risen from $56.56 to $59.36, representing a gain of 5.0% in the past 13 days.

In the past 52 weeks, Emerson Electric share prices have been bracketed by a low of $43.59 and a high of $59.55 and are now at $59.36, 36% above that low price. The 200-day and 50-day moving averages have moved 0.56% higher and 0.43% higher over the past week, respectively.

SmarTrend recommended that subscribers consider buying shares of Emerson Electric on May 3rd, 2013 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $56.70. Since that recommendation, shares of Emerson Electric have risen 4.7%. We continue to monitor EMR for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.


Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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