Investing.com - Eaton (NYSE:ETN) reported third quarter earnings that beat analysts' expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.75 on revenue of $4.92B. Analysts polled by Investing.com forecast EPS of $1.73 on revenue of $5.02B. .
For the year, Eaton shares are up 36.79%, outperforming the S&P 500 which is up 22.83% year to date.
Eaton follows other major Technology sector earnings this month
On Tuesday, October 26, 2021, Alphabet C reported third quarter EPS of $27.99 on revenue of $65.12B, compared to forecasts of EPS of $23.83 on revenue of $63.53B.
Taiwan Semiconductor earnings beat analyst's expectations on Thursday, October 14, 2021, with third quarter EPS of $1.07 on revenue of $14.75B. Investing.com analysts expected EPS of $1.04 on revenue of $14.81B
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