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EMERSON . news release For immediate release Investor Contact : Pete Lilly ( 314 ) 553-2197 Media Contact : Casey Murphy ( 314 ) 982-6220 Emerson Reports Second Quarter 2021 Results , Raises 2021 Outlook Q2 Net Sales of $ 4.4 billion up 6 percent from the year prior ; Underlying Sales up 2 percent , both ahead of February guidance Q2 EPS was $ 0.93 , up 11 percent from the year prior ; Adjusted EPS , which excludes restructuring and first year purchase accounting charges , was $ 0.97 , up 9 percent , both ahead of February guidance Operating Cash Flow of $ 807 million in the quarter , up 37 percent ; Free Cash Flow ( FCF ) was $ 707 million , up 48 percent , resulting in FCF conversion of 125 percent Restructuring and related actions of $ 21 million were initiated in the quarter , continuing execution of the comprehensive cost reset program to return the company to record adjusted EBIT margins ST . LOUIS , May 5 , 2021 - Emerson ( NYSE : EMR ) today reported results for the second fiscal quarter ended March 31 , 2021 . " I remain proud , humbled , and energized by the exceptional advances and adaptability I'm seeing across the enterprise , " said Emerson President and CEO Lal Karsanbhai . “ We have two major concurrent themes building momentum within the organization . First , the enthusiasm and progress around modernizing our culture is palpable , particularly with regard to diversity and inclusion , work practices , and talent management . These initiatives are not just good practice , but are expected to be key business enablers for Emerson's outperformance and value creation going forward . We will share more details on this vital work and our overall sustainability progress in our upcoming ESG Report which will be published in June .