Emerson Electric Co (NYSE:EMR)
$ 130.16 1.76 (1.37%) Market Cap: 74.45 Bil Enterprise Value: 77.54 Bil PE Ratio: 38.06 PB Ratio: 3.44 GF Score: 81/100

Emerson Electric Co at Citi Global Industrial Tech and Mobility Conference Transcript

Feb 20, 2024 / 02:40PM GMT
Release Date Price: $104.8 (-1.27%)
Andrew Alec Kaplowitz
Citigroup Inc., Research Division - MD & U.S. Industrial Sector Head

All right. We're going to get started again. Thank you for joining us. We are really excited to have Emerson with us today. We've got Lal Karsanbhai, who is the President and CEO. Lal started in 1995 in Emerson. Mike Baughman, who's the EVP and CFO. Mike joined the company in 2017. And then we have Colleen Mettler, who is the VP of Investor Relations.

So Lal, I'm going to come over to you. And while I do, I'm going to ask you about your vision when you took over Emerson a few years ago.

Questions & Answers

Andrew Alec Kaplowitz
Citigroup Inc., Research Division - MD & U.S. Industrial Sector Head

Can you talk about where Emerson is now versus that initial vision? What would you say has gone better than expected? And then maybe what are 1 or 2 things that have been more challenged than you expected? And what's your confidence level at this point versus the Investor Day you hosted in late '22 that Emerson could deliver 4% to 7% due to cycle

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