文章核心观点 - 伊顿公司(Eaton)第二季度业绩超出市场预期,每股收益为2.73美元,高于预期的2.61美元[1][2] - 伊顿公司第二季度收入为63.5亿美元,略低于市场预期[3] - 伊顿公司股价今年以来上涨26.6%,优于标普500指数15.8%的涨幅[4] 行业和公司分析 行业分析 - 伊顿公司所属的制造-电子行业目前在250多个扎克斯行业中排名前20%[10] - 扎克斯研究显示,排名前50%的行业相比排名后50%的行业,业绩表现会好2倍以上[10] 公司分析 - 伊顿公司过去4个季度一直超出市场盈利预期[2] - 分析师对伊顿公司未来业绩预期持谨慎态度,给予"中性"评级[8] - 伊顿公司第三季度每股预期收益为2.77美元,全年每股预期收益为10.56美元[9] - 同行业公司EnerSys第二季度每股预期收益为1.96美元,收入预期为87.76亿美元,同比下降3.4%[12]

财务业绩 - 第二季度每股收益创纪录,达2.48美元,同比增长33%[5] - 调整后每股收益创纪录,达2.73美元,同比增长24%[5] - 分部利润率创纪录,达23.7%,同比提升210个基点[6] - 有机销售增长9%,超出指引上限,电气和航空航天业务订单量分别增长27%和14%[3] - 全年有机销售增长、分部利润率、每股收益、调整后每股收益和经营现金流指引均有所提升[4] - 电气美洲分部销售和利润创纪录,分别增长13%和28%,利润率达29.9%[11] - 电气全球分部销售和利润创纪录,分别增长3.5%和5%,利润率达19%[13] - 航空航天分部销售创纪录,增长13%,利润率达21.5%[15] - 电动出行分部销售创纪录,增长18%[18] 财务指引 - 公司2024年第三季度和全年每股收益和调整后每股收益指引[43] - 2023年全年每股收益和调整后每股收益[44][45] - 2024年第二季度和2023年第二季度的自由现金流[46] - 2024年全年自由现金流和经营现金流指引[47] 重组费用 - 2023年和2024年上半年收购和剥离业务相关的费用[51][52] - 2020年启动的多年重组计划已基本完成,2024年启动新的多年重组计划[53] - 2024年上半年和2023年上半年的重组费用[54][55][56] 资产负债表 - 2024年6月30日和2023年12月31日的资产负债表数据[35][36][37][38][39][40] - 2024年6月30日和2023年12月31日的现金、应收账款、存货等流动资产数据[35] - 2024年6月30日和2023年12月31日的商誉、其他无形资产等非流动资产数据[37] 无形资产摊销 - 无形资产摊销费用为1.06亿美元[57] - 无形资产摊销费用税后影响为0.83亿美元[57] - 无形资产摊销费用对每股摊薄收益的影响为0.20美元[57] - 无形资产摊销费用六个月合计为2.12亿美元[57] - 无形资产摊销费用六个月合计税后影响为1.67亿美元[57] - 无形资产摊销费用六个月合计对每股摊薄收益的影响为0.42美元[57]

文章核心观点 - 伊顿公司(Eaton)预计在2024年8月1日公布的第二季度业绩报告中,营收和利润将有所改善 [1][2][3] - 伊顿公司过去4个季度的业绩均超出市场预期,平均超出4.7% [4] - 伊顿公司目前的市盈率高于同行,但考虑到其强劲的产品组合、不断上升的盈利预期和良好的有机增长,这种溢价估值是合理的 [12][13][14] 根据相关目录分别进行总结 财务表现 - 第二季度营收预计为63.5亿美元,同比增长8.2% [2] - 第二季度每股收益预计为2.61美元,同比增长18.1% [3] - 过去4个季度业绩均超出市场预期,平均超出4.7% [4] 业务驱动因素 - 大趋势和再工业化推动了公司所在市场的大量资本投资,为公司产品创造了需求 [7] - 人工智能驱动的数据中心需求持续增长,为公司高效电力解决方案带来机遇 [8] - 电气化和数字化的全球增长趋势有利于公司的有机增长 [9] - 持续的股票回购也将对收益产生积极影响 [9] 估值分析 - 公司股价在过去6个月内上涨19.2%,优于同行11.8%的涨幅 [10][11] - 公司当前市盈率高于同行,但考虑到其优势仍有溢价空间 [12][13][14] - 对于现有股东来说,继续持有是明智的选择,新投资者可以等待更好的进场时机 [17]

Analysts on Wall Street project that Eaton (ETN) will announce quarterly earnings of $2.61 per share in its forthcoming report, representing an increase of 18.1% year over year. Revenues are projected to reach $6.35 billion, increasing 8.2% from the same quarter last year.Over the last 30 days, there has been a downward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over ...

Eaton (ETN) closed the most recent trading day at $297.79, moving +1.68% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 1.11% for the day. At the same time, the Dow added 1.64%, and the tech-heavy Nasdaq gained 1.03%.Shares of the power management company have depreciated by 6.71% over the course of the past month, underperforming the Industrial Products sector's gain of 2.95% and the S&P 500's loss of 1.16%.Investors will be eagerly watching for the performanc ...

Nikada Recent market volatility has driven the stock of electrical components supplier Eaton Corp (NYSE:ETN) down 15% from its recent high of $345 (see chart below). Apparently, the sell-off is due to recurring doubts about AI monetization as evidenced by what some analysts (not me ...) believed was a disappointing earnings report from Google (GOOG). Tesla's (TSLA) weak earnings report didn't help. However, note that Google re-affirmed its significant cap-ex spend on AI infrastructure (i.e. data centers ...

文章核心观点 - 美国即将进入基础设施建设高峰期,为投资者带来巨大机会 [1][2][3] - 基础设施建设将涉及新建和升级公路、电力、铁路、宽带和清洁能源等领域 [2] - 一些鲜为人知的基础设施公司具有巨大的上升潜力 [3] 公司总结 United Rentals (URI) - 作为全球最大的设备租赁公司,United Rentals将从基础设施投资中获益 [5][7] - 公司过去5年股价上涨512%,远超大盘 [6] - 2024年第一季度收入同比增长6%至34.8亿美元,每股收益同比增长24%至8.04美元 [7] Eaton (ETN) - 作为跨国电力管理公司,Eaton为维护电网、数据中心和交通系统等关键基础设施提供必要产品和服务 [9][10] - 2024年第一季度收入同比增长8%至59.4亿美元,每股收益同比增长28% [11] - 电气和航空业务订单均实现双位数增长,分别达到42%和40% [11] Sterling Infrastructure (STRL) - 公司专注于重型土木工程、交通和电子基础设施解决方案 [13] - 自疫情以来,公司盈利能力和自由现金流大幅提升,订单量创历史新高 [15] - 2024年第一季度收入同比增长9%至4.4亿美元,净利润同比增长58%至3100万美元 [15]

The most recent trading session ended with Eaton (ETN) standing at $327.03, reflecting a -1.04% shift from the previouse trading day's closing. The stock's performance was behind the S&P 500's daily gain of 0.28%. Elsewhere, the Dow saw an upswing of 0.53%, while the tech-heavy Nasdaq appreciated by 0.4%.Heading into today, shares of the power management company had gained 3.59% over the past month, outpacing the Industrial Products sector's gain of 0.29% and lagging the S&P 500's gain of 3.78% in that time ...

The most recent trading session ended with Eaton (ETN) standing at $318.71, reflecting a -0.08% shift from the previouse trading day's closing. This move lagged the S&P 500's daily gain of 0.07%. Elsewhere, the Dow lost 0.13%, while the tech-heavy Nasdaq added 0.14%.Coming into today, shares of the power management company had lost 1.24% in the past month. In that same time, the Industrial Products sector lost 1.42%, while the S&P 500 gained 4.34%.Investors will be eagerly watching for the performance of Ea ...

Shares of Eaton Corporation (ETN) have gained 30.2% year to date compared to its industry’s growth of 14.2%. The power management company operates in more than 175 countries across the globe, and an ongoing improvement in the end market conditions is boosting orders and revenues.Organic growth, and continued investment in research and development of new products are assisting the company in providing efficient power management solutions to its clients. Strategic acquisitions are further expanding its market ...