Emerson's FY1Q revenue missed consensus estimates, but our NLP analysis uncovered a clear uptick on China, and a positive skew in forward-looking commentary which mirros similar sentiment in the Industrials sector. The data suggests China could be improving overall.
"We're starting to see the improvement relative to orders coming out of China."
Emerson’s FY1Q revenue missed consensus estimates, and Amenity’s NLP analysis scored the overall earnings call at -4, down from +24 last quarter (scale -100 to +100). But looking beyond the numbers tells a different story, including a clear uptick on China, and a positive skew in forward-looking commentary. This also follows Industrial sector resilience (excluding Auto) that has been apparent in the Amenity Forecast Index this earnings season.
Amenity’s NLP analysis of Emerson’s FY1Q earnings call highlights the following key themes. To find the relevant China commentary for your universe, log into the Amenity Viewer or join our Beta program for access.
Although Emerson made the clearest uptick call on China, the Amenity Analytics Query Insights feature shows more balanced commentary across Industrials over the last week:
As shown below, Amenity’s NLP analysis showed a significant positive skew in forward-looking commentary on the FY1Q call, compared to a more balanced view last quarter:
Lastly, a closer look at our platform's earnings call extractions shows additional detail on the positive commentary:
Join the Amenity Viewer Beta Program today to analyze earnings call transcriptions and enable you to spot outliers, identify critical insights, and understand key drivers.
This communication does not represent investment advice. Transcript text provided by S&P Global Market Intelligence.
Copyright ©2019. All rights reserved.