For the quarter ended December 2023, Eaton (ETN) reported revenue of $5.97 billion, up 10.8% over the same period last year. EPS came in at $2.55, compared to $2.06 in the year-ago quarter.The reported revenue represents a surprise of +1.23% over the Zacks Consensus Estimate of $5.89 billion. With the consensus EPS estimate being $2.47, the EPS surprise was +3.24%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next ...

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were $2.35 for the fourth quarter of 2023. Excluding charges of $0.22 per share related to intangible amortization, $0.02 per share related to a multi-year restructuring program, and income of $0.04 per share related to acquisitions and divestitures, adjusted earnings per share of $2.55 were a record and up 24% over the fourth quarter of 2022. Sales in the quarter were $6 ...

Investors are always looking for stocks that are poised to beat at earnings season and Eaton Corporation plc (ETN) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Eaton is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good in ...

Have you been paying attention to shares of Eaton (ETN) ? Shares have been on the move with the stock up 2.1% over the past month. The stock hit a new 52-week high of $247.55 in the previous session. Eaton has gained 2.1% since the start of the year compared to the 15.4% move for the Zacks Industrial Products sector and the 24.5% return for the Zacks Manufacturing - Electronics industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our ear ...

The latest trading session saw Eaton (ETN) ending at $245.89, denoting a +0.03% adjustment from its last day's close. The stock outpaced the S&P 500's daily loss of 0.07%. On the other hand, the Dow registered a gain of 0.16%, and the technology-centric Nasdaq decreased by 0.36%.Heading into today, shares of the power management company had gained 2.11% over the past month, outpacing the Industrial Products sector's loss of 0.09% and lagging the S&P 500's gain of 3.05% in that time.Analysts and investors al ...

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) announced it was recently recognized by two prestigious organizations for its deep commitment to delivering an inclusive employee experience. First, Eaton achieved a 100% on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index (CEI). Second, Newsweek once again named Eaton one of America’s Greatest Workplaces for Diversity. Eaton believes inclusive behaviors drive innovation and growth, enable high-performing ...

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE: ETN) announced today that Olivier Leonetti has been named executive vice president and chief financial officer, effective February 5, 2024. He succeeds Thomas B. Okray, who is leaving the company for personal reasons. “On behalf of the company and our Board of Directors, I want to thank Tom for his service and wish him and his family all the best for the future,” said Craig Arnold, chairman and chief executive officer, Eaton. Com ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Eaton (ETN) , which belongs to the Zacks Manufacturing - Electronics industry.This power management company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 5.15%.For the last reported quarter, Eaton came out with earnings of $2.47 per share versus the ...

| --- | --- | |---------|---------------------------------------------| | $2.47 | All-Time Record Adjusted earnings per share | | $5,880M | All-Time Record Sales | | $1,386M | All-Time Record Segment operating profit | | 23.6% | All-Time Record Segment operating margin | | --- | --- | --- | --- | --- | |-------|-----------------------------------------------------------------------------------------------------------------------------------------|---------------|---------|-------| | | | | | | | | Orders dow ...

Eaton Corporation plc (NYSE:ETN) Q3 2023 Earnings Conference Call October 31, 2023 11:00 AM ET Company Participants Yan Jin - Senior Vice President, Investor Relations Craig Arnold - Chairman and Chief Executive Officer Tom Okray - Executive Vice President and Chief Financial Officer Conference Call Participants Andrew Obin - Bank of America Joe Ritchie - Goldman Sachs Jeff Sprague - Vertical Research Scott Davis - Melius Research Steve Tusa - JPMorgan Chris Snyder - UBS Nicole DeBlase - Deutsche Bank Julia ...