Emerson 2004 Annual Report Download - page 52

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50 Emerson 2004
(17) QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
First Second Third Fourth Fiscal
Quarter Quarter Quarter Quarter Year
2003 2004 2003 2004 2003 2004 2003 2004 2003 2004
Net sales $3,226 3,600 3,465 3,859 3,573 4,036 3,694 4,120 13,958 15,615
Gross profit $1,143 1,282 1,211 1,356 1,250 1,439 1,294 1,489 4,898 5,566
Earnings from continuing
operations $ 218 244 241 318 278 341 276 354 1,013 1,257
Net earnings $ 217 244 236 318 360 341 276 354 1,089 1,257
Earnings from continuing
operations per common share:
Basic $ 0.52 0.58 0.58 0.76 0.66 0.81 0.66 0.85 2.42 3.00
Diluted $ 0.52 0.58 0.57 0.75 0.66 0.81 0.66 0.84 2.41 2.98
Net earnings per
common share:
Basic $ 0.52 0.58 0.56 0.76 0.86 0.81 0.66 0.85 2.60 3.00
Diluted $ 0.52 0.58 0.56 0.75 0.85 0.81 0.66 0.84 2.59 2.98
Dividends per common share $.3925 .4000 .3925 .4000 .3925 .4000 .3925 .4000 1.57 1.60
Common stock prices:
High $53.08 64.95 52.72 68.46 54.41 63.55 56.79 64.02 56.79 68.46
Low $42.42 52.73 44.43 59.39 46.15 56.56 50.47 59.08 42.42 52.73
The operating results of Dura-Line are classified as discontinued operations for 2003. See Note 3 for information regarding the Company’s
acquisition and divestiture activities.
Emerson Electric Co. common stock (symbol EMR) is listed on the New York Stock Exchange and the Chicago Stock Exchange.