Eaton (ETN) Tops Q1 EPS by 8c; Raises FY Outlook
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Eaton Reports First Quarter Net Income and Operating Earnings Per Share of $0.96, Up 9 Percent Over First Quarter of 2016
May 2, 2017 6:30 AM EDTRecord First Quarter Operating Cash Flow of $463 Million
Net Income and Operating Earnings Per Share Guidance Raised by $0.15 to $4.45 - $4.75
DUBLIN--(BUSINESS WIRE)-- Power management company Eaton Corporation plc (NYSE: ETN) today announced that net income and operating earnings per share were $0.96 for the first quarter of 2017. Net income per share in the first quarter of 2017 was up 9 percent over the first quarter of 2016. Operating earnings per share, which exclude $1 million of acquisition integration charges in the first quarter of 2017 and $1 million in the first quarter of 2016, were also up 9... More
