Eaton (ETN) Tops Q1 EPS by 3c
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Eaton First Quarter Operating Earnings Per Share of $1.01, Above Midpoint of Guidance
April 29, 2015 6:30 AM EDT2015 Operating Earnings Per Share Guidance Midpoint Reduced by 2 Percent To $4.80 Principally Due to Higher Negative Currency Translation
DUBLIN--(BUSINESS WIRE)-- Power management company Eaton Corporation plc (NYSE: ETN) today announced that operating earnings per share, which exclude charges of $0.02 per share to integrate recent acquisitions, were $1.01 for the first quarter of 2015, the same as the first quarter of 2014. Sales in the first quarter of 2015 were $5.2 billion, 5 percent lower than the same period in 2014. Operating earnings for the first quarter of 2015, excluding pre-tax charges of $11 million to integrate recent acquisitions, were $473 million.
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