Investing.com - Emerson (NYSE:EMR) reported fourth quarter earnings that beat analyst's expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $0.97 on revenue of $4.9B. Analysts polled by Investing.com expected EPS of $0.89 on revenue of $4.91B. That compared to EPS of $0.83 on revenue of $4.44B in the same period a year earlier. The company had reported EPS of $0.88 on revenue of $4.46B in the previous quarter.
For the year, Emerson shares are up 0.95%, under-performing the S&P 500 which is up 2.03% year to date.
Emerson follows other major Technology sector earnings this month
On Thursday, Apple reported fourth quarter EPS of $2.91 on revenue of $62.9B, compared to forecasts of EPS of $2.78 on revenue of $61.46B.
Microsoft earnings beat analyst's expectations on October 24, with first quarter EPS of $1.14 on revenue of $29.08B. Investing.com analysts expected EPS of $0.96 on revenue of $27.88B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar