UPDATE: Eaton Posts Rise In Q4 Earnings

Eaton Corp PLC ETN reported a rise in its fourth-quarter earnings. Eaton's quarterly profit surged to $479 million, or $1 per share, from a year-ago profit of $179 million, or $0.46 per share. Excluding one-time items, its operating earnings climbed to $1.08 per share from $0.82 per share. Eaton in October expected operating earnings of $1 to $1.10 per share. Its sales gained 28% to $5.53 billion, versus estimates of $5.55 billion. Eaton expects Q1 operating earnings of $0.95 to $1.05 per share. Eaton shares fell 0.46% to $69.95 in pre-market trading.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise
Posted In: EarningsNewsGuidanceprofit
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!