secwatch.observer — SEC 8-K summary
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Issuer:     Eaton Corp plc (ETN)
CIK:        0001551182
Form:       8-K
Filed at:   2022-05-03T23:59:59+00:00
Accession:  0001157523-22-000535
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eaton posts record Q1 adj EPS $1.62 (+13% YoY); raises FY organic growth & EPS guidance
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- Q1 GAAP EPS $1.33; adjusted EPS $1.62, up 13% YoY on record segment margins of 18.8% (+110 bps).
- Sales $4.8B (+10% organic); Electrical Americas orders +31%, backlog +86% organically vs March 2021.
- Raised FY2022 organic growth guidance to 9-11% from 7-9%; adjusted EPS guidance to $7.32-$7.72.
- Q2 guidance: organic growth 9-11%, adjusted EPS $1.78-$1.88.
- Operating cash flow $42M, free cash flow negative $73M due to working capital build for higher revenues.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1551182/000115752322000535/0001157523-22-000535-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1551182/000115752322000535/a52704996.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000535

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