Eaton sees 2025 profit above estimates on AI-led data center demand
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Oppenheimer Reiterates Perform Rating on Eaton Corporation (ETN)
February 3, 2025 12:10 PM ESTOppenheimer analyst Christopher Glynn reiterated a Perform rating on Eaton Corporation (NYSE: ETN).
The analyst comments "Electrical Americas TTM orders were +16% y/y, consistent with 3Q, supporting +29% backlog vs. +26%/3Q24; Electrical Global backlog was +16% y/y, with total Electrical at $11.8B/+27%... More
