NEW YORK (TheStreet) -- Shares of Emerson Electric (EMR) - Get Report were increasing in early-afternoon trading on Monday as the engineering services provider is slated to report 2016 fourth-quarter results before tomorrow's market open.
Analysts surveyed by FactSet are looking for adjusted earnings of 89 cents per share and $5.52 billion in revenue.
For the same period last year, St. Louis-based Emerson posted adjusted earnings of 93 cents per share on revenue of $5.81 billion.
UBS recently downgraded Emerson's stock rating to "sell" from "hold," noting that the company's August orders were down 4% organically.
The firm said Emerson's network power unit grew between 10% and 15% year-over-year in August. The company in June announced plans to sell the business.
This suggests that remaining Emerson businesses saw orders weaken, UBS noted.
Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
The team rates Emerson as a Buy with a ratings score of B. The company's strengths can be seen in multiple areas, such as its expanding profit margins, good cash flow from operations, solid stock price performance, largely solid financial position with reasonable debt levels by most measures and notable return on equity. The team feels its strengths outweigh the fact that the company has had sub par growth in net income.
You can view the full analysis from the report here: EMR