Emerson Electric Co (NYSE:EMR) shares are trading lower on Wednesday after the company reported third-quarter FY24 net sales growth of 11% Y/Y to $4.38 billion, beating the consensus of $4.29 billion. Underlying sales were up 3% Y/Y, and underlying orders increased by 3% Y/Y in the quarter. Sales by Segments: Final Control $1.05 billion (+1% Y/Y), Measurement & Analytical $982 million (+8% Y/Y), Discrete Automation $618 million (-8% Y/Y); Safety & Productivity $351 million (-3% Y/Y), Control Systems & Software $700 million (+6% Y/Y), AspenTech $343 million (+7% Y/Y), and Test & Measurement $355 million. Adjusted Total Segment EBITA was $1.19 billion compared to $1.06 billion in the prior year quarter, and the margin improved by 20 bps to 27.1%. Adjusted EPS improved 11% Y/Y to $1.43, beating the consensus of $1.42. Emerson’s operating cash flow for the quarter totaled $1.07 billion, compared ...