earnings
confidence high
sentiment positive
materiality 0.85
Eaton Q3 adjusted EPS $2.84 (+15% YoY); record revenue; raises FY guidance
Eaton Corp plc
2024-Q3 EPS reported
$7.05
revenue$18,638,000,000
- Record Q3 revenue $6.3B (+8% organic); segment margins 24.3%, up 70 bps YoY.
- Adjusted EPS $2.84 record (+15% YoY); GAAP EPS $2.53 (+14%).
- Electrical Americas orders +16% rolling 12-month; backlog +26% organic YoY.
- FY2024 adjusted EPS guidance raised to $10.75-$10.81 (midpoint +18% YoY).
- Free cash flow $1.1B record (+23% YoY); Aerospace sales record $946M.