Profile
Sector:
IndustrialsIndustry:
Specialty Industrial MachineryCountry:
IrelandIPO:
01 June 1972Website:
http://www.eaton.comNext earnings report:
31 January 2025Last dividends:
04 November 2024Next dividends:
N/APrice
after hours | Sat, 23 Nov 2024 00:53:54 GMTAnalysts recommendations
Institutional Ownership
ETN Latest News
Lately, users of Zacks.com have been focusing on Eaton (ETN). This interest prompts a closer look at what the stock might offer.
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Eaton (ETN) has been getting a lot of interest from users on Zacks.com recently. As a result, it's important to understand the factors that could affect the stock's future.
ETN is still gaining advantages from reindustrialization and major trends that are driving the need for effective power management solutions. These trends are helping to increase the demand for their products.
Eaton is benefiting from long-term trends such as the expansion of data centers, increased electrification, and the return of manufacturing to local areas. While the company is achieving record earnings per share and operating margins, growth is predicted to slow in 2025. Additionally, its stock price is high compared to its growth rate when compared to similar companies.
Eaton (ETN) reported quarterly earnings of $2.84 per share, which is higher than the Zacks Consensus Estimate of $2.80 per share. This is an increase compared to last year's earnings of $2.47 per share.
DUBLIN--(BUSINESS WIRE)--Eaton Corporation plc, a company focused on intelligent power management, reported earnings per share of $2.53 for the third quarter of 2024, which is a 14% increase compared to the same period in 2023. When excluding certain charges and income, the adjusted earnings per share reached a record $2.84, reflecting a 15% rise over the previous year.
ETN's earnings for the third quarter have exceeded expectations. The company has also increased its forecasts for the segment margin and earnings per share for the entire year.
Investors frequently depend on the advice of Wall Street analysts to make choices about buying, selling, or holding stocks. News articles about these analysts from brokerage firms changing their ratings can significantly influence a stock's price.
ETN's earnings for the third quarter have improved due to strong demand from better market conditions and the high-quality products they provide to their customers.
What type of business is Eaton?
Eaton Corporation plc is an American company in the engineering sector. The company was founded in 1911 and is based in Dublin, Ireland. Eaton Corporation plc manufactures and provides electrical, hydraulic, and mechanical equipment to customers in more than 175 countries worldwide. It operates with manufacturing facilities located in 284 locations in 42 countries around the world. The company's activities are carried out in several areas: electrical products, electrical systems and services, hydraulics, aerospace sector, transportation sector, and eMobility.
What sector is Eaton in?
Eaton is in the Industrials sector
What industry is Eaton in?
Eaton is in the Specialty Industrial Machinery industry
What country is Eaton from?
Eaton is headquartered in Ireland
When did Eaton go public?
Eaton initial public offering (IPO) was on 01 June 1972
What is Eaton website?
https://www.eaton.com
Is Eaton in the S&P 500?
Yes, Eaton is included in the S&P 500 index
Is Eaton in the NASDAQ 100?
No, Eaton is not included in the NASDAQ 100 index
Is Eaton in the Dow Jones?
No, Eaton is not included in the Dow Jones index
When was Eaton the previous earnings report?
No data
When does Eaton earnings report?
The next expected earnings date for Eaton is 31 January 2025