Compared to Estimates, Eaton (ETN) Q1 Earnings: A Look at Key Metrics
ETNEaton(ETN) Zacks Investment Research·2024-04-30 22:35

Eaton (ETN) reported 5.94billioninrevenueforthequarterendedMarch2024,representingayearoveryearincreaseof8.45.94 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 8.4%. EPS of 2.40 for the same period compares to 1.88ayearago.Thereportedrevenuerepresentsasurpriseof+0.721.88 a year ago. The reported revenue represents a surprise of +0.72% over the Zacks Consensus Estimate of 5.9 billion. With the consensus EPS estimate being $2.28, the EPS surprise was +5.26%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ne ...