Investing.com - Emerson (NYSE:EMR) reported on Wednesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Emerson announced earnings per share of $0.97 on revenue of $4.43B. Analysts polled by Investing.com anticipated EPS of $0.8969 on revenue of $4.36B.
Emerson shares are up 13.36% from the beginning of the year and are trading at $91.11 , down-from-52-week-high.They are outperforming the S&P 500 which is up 10.86% 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, April 28, 2021, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.9864 on revenue of $77.09B.
Microsoft had beat expectations on Tuesday, April 27, 2021 with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.
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