Investing.com - Eaton (NYSE:ETN) reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.18 on revenue of $4.53B. Analysts polled by Investing.com expected EPS of $1.05 on revenue of $4.22B. .
For the year, Eaton shares are up 13.32%, outperforming the S&P 500 which is up 2.46% year to date.
Eaton follows other major Technology sector earnings this month
On Thursday, Apple reported fourth quarter EPS of $0.73 on revenue of $64.7B, compared to forecasts of EPS of $0.71 on revenue of $63.8B.
Microsoft earnings beat analyst's expectations on Tuesday, October 27, 2020, with first quarter EPS of $1.82 on revenue of $37.15B. Investing.com analysts expected EPS of $1.54 on revenue of $35.76B
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