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Strategies & Market Trends : Value Investing

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To: Paul Senior who wrote (55809)8/5/2015 6:54:41 AM
From: Spekulatius  Read Replies (1) of 78639
 
Paul, re EMR - while you're technically correct with EMR earning $4/ share, this includes $0.77 from disturb gains, so operating earnings are only about $3.2/share.

from seekingalpha's earnings CC transcript:
Based on the continuation of the difficult current trends and their increasingly negative impact on results, we've revised our 2015 outlook as follows: Net sales will be down approximately 9%, with a 5% deduction from currency translation and a 2% deduction from divestitures, resulting in underlying sales that will be down approximately 2%. Reported earnings per share are expected to be $3.97 to $4.07, which includes a divestiture gain of $0.77 per share.
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