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Eaton misses quarterly revenue estimates, shares fall
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Eaton misses quarterly revenue estimates, shares fall
Nov 4, 2025 4:03 AM

Nov 4 (Reuters) - Power management company Eaton Corp ( ETN )

missed Wall Street estimates for third-quarter revenue

on Tuesday, weighed down by poor performance in its vehicle and

e-mobility segments, sending its shares down nearly 5% in

premarket trading.

Eaton's vehicle segment, which makes transmission

components, clutches and engine valves, posted a sales decline

of 8% at $639 million in the reported quarter.

Quarterly sales in its e-mobility segment, which makes high

voltage inverters and fuses for both on-road and off-road

vehicles, fell 19% to $136 million.

Together, the two segments comprised about 14% of Eaton's

2024 total sales.

Meanwhile, sales in the company's electrical Americas

segment, which provides electrical and industrial components to

the data center industry, rose 15%.

On Monday, Eaton said it would buy Boyd Thermal for $9.5

billion from Goldman Sachs' asset management arm, its third deal

in the data center space this year as it looks to expand its

footprint in the fast-growing market.

Dublin-based Eaton reported quarterly revenue a little under

$7 billion for the quarter ended September 30, while analysts,

on average, were expecting revenue of $7.08 billion, according

to data compiled by LSEG.

It reported adjusted profit per share of $3.07, compared to

Wall Street expectations of $3.05 apiece.

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