U.S. stocks were higher, with the Dow Jones index gaining around 300 points on Tuesday.

Shares of Emerson Electric Co EMR rose sharply during Monday’s session after the company reported better-than-expected fourth-quarter financial results and issued FY25 adjusted EPS guidance above estimates. Also, the company announced it increased return of capital to shareholders with plans to repurchase approximately $2B in FY25.

Net sales growth of 13% year over year to $4.62 billion, beating the consensus of $4.57 billion. Underlying sales were up 4%, and underlying orders increased by 2% in the quarter. Adjusted EPS improved 15% to $1.48, beating the consensus of $1.47.

Emerson Electric shares jumped 6.6% to $117.01 on Tuesday.

Here are some other big stocks recording gains in today’s session.

• Vimeo, Inc. VMEO shares jumped 42.7% to $6.86 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter sales guidance above estimates.
• Gogo Inc GOGO gained 29.3% to $8.47 after the company reported better-than-expected third-quarter financial results.
• Astera Labs Inc ALAB rose 29.1% to $90.14 after the company reported better-than-expected third-quarter EPS and sales.
• Aris Water Solutions Inc ARIS gained 25.8% to $20.84 following strong quarterly results.
• Palantir Technologies Inc PLTR gained 22.4% to $50.70 after the company reported better-than-expected third-quarter financial results and issued guidance above consensus estimates.
• UFP Technologies Inc UFPT rose 20.7% to $335.00 after the company reported better-than-expected third-quarter financial results.
• Lindblad Expeditions Holdings Inc LIND gained 20.6% to $11.28 after the company reported better-than-expected third-quarter financial results.
• DXP Enterprises Inc DXPE gained 18.7% to $60.45 following strong quarterly results.
• Century Aluminum Co CENX gained 17.7% to $20.66 following upbeat quarterly earnings.
• Payoneer Global Inc PAYO climbed 16% to $9.88 after the company reported better-than-expected quarterly EPS and sales and raised its FY24 revenue guidance.
• Cushman & Wakefield PLC CWK gained 13.2% to $14.88 after the company reported better-than-expected quarterly adjusted EPS results.
• Ingredion Inc INGR rose 12.6% to $150.97 following upbeat earnings.
• Primoris Services Corp PRIM gained 10.5% to $71.11 following strong quarterly earnings.
• Powell Industries, Inc. POWL rose 9.1% to $293.34.
• Cummins Inc CMI gained 8.7% to $353.91 after the company reported better-than-expected third-quarter financial results.
• Nomura Holdings Inc NMR rose 7.3% to $5.64 following second-quarter results.
• Apollo Global Management APO gained 6.8% to $149.00 after the company reported better-than-expected quarterly financial results.

Now Read This: