Eaton Corp (NYSE:ETN) reported its Q3 earnings results on Tuesday, November 1, 2022 at 06:30 AM.
Here’s what investors need to know about the announcement.
Earnings
Eaton Corp beat estimated earnings by 0.5%, reporting an EPS of $2.02 versus an estimate of $2.01.
Revenue was up $390.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 1.58% increase in the share price the next day.
Here’s a look at Eaton Corp’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.82 | 1.60 | 1.71 | 1.73 |
| EPS Actual | 1.87 | 1.62 | 1.72 | 1.75 |
| Revenue Estimate | 5.21B | 4.79B | 4.90B | 5.02B |
| Revenue Actual | 5.21B | 4.84B | 4.80B | 4.92B |
To track all earnings releases for Eaton Corp visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.