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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Spekulatius who wrote (55808)	8/4/2015 8:47:59 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78644

re: EMR Company has cut 2015 earnings estimate to about $4 per share. (Fiscal year ends in Sept.) Do I want to believe the company management or the analysts or neither? Maybe I ought to wait until EMR is cheap enough that I wouldn't have to consider any prediction. Anyway, at this point I chose the company. They were wrong with their earlier prediction though, so maybe wrong now. Ref: "Dismal 2015 Outlook Citing an unfavorable operating environment, Emerson trimmed its reported earnings guidance and now expects it to be in the range of $3.97 to $4.07 from $4.17 to $4.32 guided earlier. Also, net sales are now expected to decrease about 9% (earlier range being decline of 7% to 5%)." finance.yahoo.com