earnings
confidence high
sentiment positive
materiality 0.80
Eaton reports record Q3 adjusted EPS of $2.02, up 15% YoY; segment margins 21.2%
Eaton Corp plc
2022-Q3 EPS reported
$4.34
revenue$15,368,000,000
- Adjusted EPS $2.02 (record) vs $1.76 in Q3 2021; GAAP EPS $1.52.
- Sales $5.3B, up 8% total; organic sales up 15%, in line with guidance.
- Segment margins 21.2% (record), 130 bps above Q3 2021 and above high-end guidance.
- Operating cash flow $965M (+29% YoY); free cash flow $830M (+36% YoY).
- Electrical Americas orders up 36% rolling 12-month; backlog up 97% YoY organically.