Emerson Electric Co. (EMR)

Income Statement
Quarterly Data

Difficulty: Beginner

The income statement presents information on the financial results of a company’s business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

Emerson Electric Co., Consolidated Income Statement (quarterly data)

USD $ in millions

	3 months ended	Mar 31, 2019		Dec 31, 2018		Sep 30, 2018		Jun 30, 2018		Mar 31, 2018		Dec 31, 2017		Sep 30, 2017		Jun 30, 2017		Mar 31, 2017		Dec 31, 2016		Sep 30, 2016		Jun 30, 2016		Mar 31, 2016		Dec 31, 2015		Sep 30, 2015		Jun 30, 2015		Mar 31, 2015		Dec 31, 2014		Sep 30, 2014		Jun 30, 2014		Mar 31, 2014		Dec 31, 2013		Sep 30, 2013		Jun 30, 2013		Mar 31, 2013		Dec 31, 2012
	Net sales
	Cost of sales
	Gross profit
	Selling, general and administrative expenses
	Gain on sale of business
	Goodwill impairment
	Other deductions, net
	Earnings from continuing operations before interest and income taxes
	Interest income
	Interest expense
	Interest expense, net of interest income
	Earnings from continuing operations before income taxes
	Income taxes
	Earnings from continuing operations
	Discontinued operations, net of tax
	Net earnings
	Noncontrolling interests in earnings of subsidiaries
	Net earnings common stockholders

Item	Description	The company
Net sales	Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise.	Emerson Electric Co.’s net sales declined from Q4 2018 to Q1 2019 but then increased from Q1 2019 to Q2 2019 not reaching Q4 2018 level.
Earnings from continuing operations before interest and income taxes	The net result for the period of deducting operating expenses from operating revenues.	Emerson Electric Co.’s earnings from continuing operations before interest and income taxes declined from Q4 2018 to Q1 2019 but then increased from Q1 2019 to Q2 2019 not reaching Q4 2018 level.
Earnings from continuing operations before income taxes	Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.	Emerson Electric Co.’s earnings from continuing operations before income taxes declined from Q4 2018 to Q1 2019 but then increased from Q1 2019 to Q2 2019 not reaching Q4 2018 level.
Net earnings common stockholders	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Emerson Electric Co.’s net earnings common stockholders declined from Q4 2018 to Q1 2019 but then slightly increased from Q1 2019 to Q2 2019.

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Relative Valuation
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Economic Value Added (EVA)
Long-term Trends
Analysis
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Emerson Electric Co. (EMR)

Income StatementQuarterly Data

Income Statement
Quarterly Data