Investing.com - Emerson (NYSE:EMR) reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Emerson announced earnings per share of $0.83 on revenue of $4.2B. Analysts polled by Investing.com anticipated EPS of $0.6809 on revenue of $3.97B.
Emerson shares are up 0.56% from the beginning of the year and are trading at $80.82 , down-from-52-week-high.They are broadly in line with the S&P 500 which is up 0.47% 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 Wednesday, January 27, 2021, who reported EPS of $1.68 on revenue of $111.44B, compared to forecasts EPS of $1.42 on revenue of $103.27B.
Microsoft had beat expectations on Tuesday, January 26, 2021 with second quarter EPS of $2.03 on revenue of $43.08B, compared to forecast for EPS of $1.64 on revenue of $40.22B.
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