Eaton's Q3 Earnings Surpass Estimates: How to Play the Stock
ETNEaton(ETN) ZACKS·2024-11-07 02:30

Eaton Corporation (ETN) reported better-than-expected third-quarter 2024 earnings per share on Oct. 31. Earnings and revenues increased 15% and 7.9%, respectively, year over year. The third-quarter year-over-year revenue growth was entirely driven by organic sales growth, which was partially offset by the adverse impact of Hurricane Helene and labor strikes in the aerospace industry.ETN has been reporting strong earnings results, courtesy of solid financial and operational performance from most of its segme ...