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Eaton: Q4 Earnings Snapshot

By AP News - Jan 31, 2025, 06:49 AM ET
Last Updated - Jan 31, 2025, 06:49 AM EST
Eaton: Q4 Earnings Snapshot

DUBLIN (AP) — DUBLIN (AP) — Eaton Corp. PLC (ETN) on Friday reported fourth-quarter net income of $971 million.

On a per-share basis, the Dublin-based company said it had profit of $2.45. Earnings, adjusted for amortization costs and restructuring costs, were $2.83 per share.

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The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $2.81 per share.

The power management company posted revenue of $6.24 billion in the period, which missed Street forecasts. Nine analysts surveyed by Zacks expected $6.35 billion.

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