Overview

* Eaton Q3 sales rise 10% yr/yr but miss analyst expectations

* Adjusted EPS for Q3 beats analyst estimates, reflecting strong operational performance

* Company reports 18% backlog growth in Electrical sector, 15% in Aerospace

Outlook

* Eaton expects full-year 2025 EPS between $10.29 and $10.49

* Company anticipates Q4 2025 EPS between $2.75 and $2.95

* Eaton sees full-year 2025 organic growth of 8.5-9.5%

Result Drivers

* ELECTRICAL AMERICAS GROWTH - Sales rose 15% driven by 9% organic growth and 6% from acquisitions

* AEROSPACE DEMAND - Aerospace sales increased 14% with 13% organic growth, driven by strong order growth

* BACKLOG GROWTH - Electrical sector backlog grew 18%, Aerospace segment backlog increased 15%

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Sales Miss $6.98 $7.07

bln bln (19

Analysts

)

Q3 Beat $3.07 $3.05

Adjusted (20

EPS Analysts

)

Q3 EPS $2.59

Q3 Beat $1.19 $1.18

Adjusted bln bln (15

Net Analysts

Income )

Q3 Net $1.01

Income bln

Q3 7%

ORGANIC

GROWTH

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 24 "strong buy" or "buy", 9 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the electrical components & equipment peer group is "buy"

* Wall Street's median 12-month price target for Eaton Corporation PLC ( ETN ) is $408.00, about 5.3% above its November 3 closing price of $386.57

* The stock recently traded at 29 times the next 12-month earnings vs. a P/E of 30 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)