Eaton (ETN) Stock

Fire officials announced on Friday that the Eaton Fire, which burned over 14,000 acres (57 square km) east of Los Angeles, is now fully contained. This achievement comes more than three weeks after two major wildfires started near Los Angeles. While it is an important milestone, it is mostly symbolic.

BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds mentioned below have announced the estimated sources for their January distributions today. This announcement is made in accordance with the Funds' managed distribution plan and an exemption granted by the U.S. Securities and Exchange Commission. The Board of Trustees has approved this plan to provide monthly cash distributions to common shareholders, which will be a fixed amount.

Eaton Corporation plc (NYSE:ETN) will hold its Q4 2024 Earnings Conference Call on January 31, 2025, at 11:00 AM ET. The call will feature key company leaders, including Yan Jin, Craig Arnold, Paulo Ruiz, and Olivier Leonetti, along with various participants from major financial institutions. The operator will begin the call by welcoming everyone and introducing the earnings results for the fourth quarter.

Eaton Corporation plc's recent drop in stock price presents a chance for trading, and the writer provides specific entry and exit points. The company reported impressive Q4 earnings and cash flow, with a 5% increase in sales and a 27% rise in free cash flow, which supports its higher valuation. While the electrical and aerospace segments performed well, the vehicle and e-mobility segments did not do as well.

Eaton (ETN) reported quarterly earnings of $2.83 per share, which is higher than the Zacks Consensus Estimate of $2.81 per share. This is an increase compared to last year's earnings of $2.55 per share.

On January 31, 2025, NV5, a company that offers technology and consulting services, announced that lidar data from the Palisades Fire and Eaton Fire areas is now available to the public. This data can be accessed for free through the U.S. Geological Survey (USGS) at the 2025 Post-Wildfire Lidar Data for Los Angeles, CA.

DUBLIN--(BUSINESS WIRE)--Eaton Corporation plc, a company focused on intelligent power management, reported that its earnings per share for the fourth quarter of 2024 reached $2.45, marking a record high and a 4% increase compared to the same period in 2023. When excluding certain charges, including $0.22 for intangible amortization and $0.14 for a restructuring program, the adjusted earnings per share were a record $2.83.

Stephanie Link, the Chief Investment Officer at Hightower, appears on CNBC's "Halftime Report" to discuss her reasons for increasing her investments in two specific energy companies.

Eaton (ETN) lacks the right mix of two important factors that could lead to a strong earnings report in the near future. Be ready for the main expectations.