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Eaton's Q2 Adjusted Earnings, Net Sales Increase; Lifts 2024 Adjusted EPS Guidance
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Eaton's Q2 Adjusted Earnings, Net Sales Increase; Lifts 2024 Adjusted EPS Guidance
Aug 1, 2024 4:26 AM

07:03 AM EDT, 08/01/2024 (MT Newswires) -- Eaton (ETN) reported Q2 adjusted earnings Thursday of $2.73 per diluted share, up from $2.21 a year earlier.

Analysts polled by Capital IQ expected $2.61.

Net sales for the quarter ended June 30 were $6.35 billion, up from $5.87 billion a year earlier.

Analysts surveyed by Capital IQ expected $6.35 billion.

The company said it expects Q3 adjusted EPS of $2.73 to $2.83. Analysts polled by Capital IQ expect $2.75.

Eaton said it now expects 2024 adjusted EPS between $10.65 and $10.75. That compares with its prior guidance of $10.20 to $10.60. Analysts polled by Capital IQ expect $10.52.

Price: 300.70, Change: -4.09, Percent Change: -1.34

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