Eaton Corporation (NYSE: ETN) reported Q1 EPS of $0.84, $0.04 better than the analyst estimate of $0.80. Revenue for the quarter came in at $3.8 million versus the consensus estimate of $3.64 billion.

Sees Q2 2011 EPS of $0.90 - $0.96, versus the consensus of $0.93.

Increases FY2011 EPS to $3.70 - $4.00, versus the consensus of $3.80.

Earnings Guidance