Nov 3 · 10:08:00 AM · Source: Company News

Emerson Electric Company today said third quarter earnings of $506 million, or 67 cents a share, down from $688 million, or 88 cents a share, a year earlier. Revenue dropped 21% to $5.32 billion. Emerson also boosted its dividend by a half cent to 33.5 cents a share, or an increase of 1.5%
Company's CEO said latest quarter's results showed improving revenue trends but he warned the shape and speed of the recovery remains unknown and said the company expected weakness to continue in the near term.

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by Larry Etter