Eaton: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 10:13 AM ET
Last Updated - Aug 01, 2024, 10:13 AM EDT
DUBLIN (AP) — DUBLIN (AP) — Eaton Corp. PLC (ETN) on Thursday reported second-quarter earnings of $993 million.
On a per-share basis, the Dublin-based company said it had profit of $2.48. Earnings, adjusted for non-recurring costs, came to $2.73 per share.
The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.61 per share.
The power management company posted revenue of $6.35 billion in the period, meeting Street forecasts.
