Emerson Electric Co.’s stock on Tuesday fell by the largest percentage margin since June 2020, after the industrial-automation company’s fiscal fourth-quarter earnings fell short of analyst estimates.
Emerson Electric’s EMR, -8.02% fourth-quarter earnings for the three months ended Sept. 30 rose by about 33% to $904 million, or $1.22 a share, from $603 million, or 82 cents a share, in the year-ago quarter.