Eaton Reports Third Quarter Net Income and Operating Earnings Per Share of $1.15

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Go back to Eaton Reports Third Quarter Net Income and Operating Earnings Per Share of $1.15

Eaton (ETN) Reports In-Line Q3 EPS; Guides Modestly Below the Street

November 1, 2016 6:33 AM EDT

Eaton (NYSE: ETN) reported Q3 EPS of $1.15, in-line with the analyst estimate of $1.15. Revenue for the quarter came in at $5 billion versus the consensus estimate of $5.05 billion.

GUIDANCE:

Eaton sees Q4 2016 EPS of $1.05-$1.15, versus the consensus of $1.18.

Eaton sees FY2016 EPS of $4.15-$4.25, versus the consensus of $4.28.

Craig Arnold, Eaton chairman and chief executive officer, said, Our third quarter operating earnings... More