BUZZ-Emerson Electric falls on lower-than-expected profit forecast

Shares of Emerson Electric EMR.N down 1.46% at $125.82

The engineering service co expects Q2 adj. profit in range of $1.38-$1.42 per share, below analysts' average estimate of $1.45/share, data compiled by LSEG

Forecasts 2025 net sales growth between 1.5% and 3.5% vs. estimates of growth of 3.98%

Co reports Q1 net sales of $4.12 bln, below estimates of $4.23 bln

Also reports Q1 adj. profit of $1.38 per share, compared with estimates of $1.28 per share

Shares rose ~27.33% in 2024