Emerson Electric Co (NYSE:EMR)
$ 114.82 -0.73 (-0.63%) Market Cap: 65.69 Bil Enterprise Value: 75.22 Bil PE Ratio: 6.14 PB Ratio: 3.14 GF Score: 81/100

Q1 2021 Emerson Electric Co Earnings Call Transcript

Feb 02, 2021 / 08:00PM GMT
Release Date Price: $83.78 (+3.66%)
Operator

Good day, and welcome to the Emerson First Quarter of 2021 Earnings Conference Call. (Operator Instructions) Please note that this event is being recorded.

I would now like to turn the conference over to Pete Lilly, Investor Relations Director. Please go ahead.

Pete Lilly
Emerson Electric Co. - Director of IR

Good afternoon. Thank you so much, and welcome, everyone, to Emerson's First Quarter 2021 Earnings Conference Call. I hope everyone is staying safe and healthy.

Today, I'm joined by David Farr, Chairman and Chief Executive Officer; Frank Dellaquila, Senior Executive Vice President and Chief Financial Officer; Jamie Froedge, Executive President of Emerson Commercial & Residential Solutions; and congratulations to Lal Karsanbhai, current Executive President of Emerson Automation Solutions, who was recently announced as Emerson's next Chief Executive Officer effective on February 5.

As usual, I encourage everyone to follow along with the slide presentation, which is available on our website. Starting on Slide 3. I'd like to

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