Recap: Eaton Corp Q1 Earnings

Recap: Eaton Corp Q1 Earnings

 

Eaton Corp ETN reported its Q1 earnings results on Tuesday, May 3, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Earnings

Eaton Corp beat estimated earnings by 1.25%, reporting an EPS of $1.62 versus an estimate of $1.6.

Revenue was up $151.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 3.72% drop in the share price the next day.

Here's a look at Eaton Corp's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 1.71 1.73 1.55 1.23
EPS Actual 1.72 1.75 1.72 1.44
Revenue Estimate 4.90B 5.02B 4.91B 4.55B
Revenue Actual 4.80B 4.92B 5.21B 4.69B

To track all earnings releases for Eaton Corp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews