Investing.com - Emerson (NYSE:EMR) reported on Tuesday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Emerson announced earnings per share of $1.1 on revenue of $4.56B. Analysts polled by Investing.com anticipated EPS of $0.95 on revenue of $4.46B.
Emerson shares are down 10.88% from the beginning of the year, still down 13.29% from its 52 week high of $78.38 set on January 17. They are under-performing the S&P 500 which is up 2.46% from the start of the year.
Emerson follows other major Technology sector earnings this month
Emerson's report follows an earnings beat by Apple on Thursday, who reported EPS of $0.73 on revenue of $64.7B, compared to forecasts EPS of $0.71 on revenue of $63.8B.
Microsoft had beat expectations on October 27 with first quarter EPS of $1.82 on revenue of $37.15B, compared to forecast for EPS of $1.54 on revenue of $35.76B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar