Eaton (ETN) Tops Q4 EPS by 7c; $3B Buyback Plan

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Eaton Reports Fourth Quarter Operating Earnings Per Share of $1.17

February 3, 2016 6:30 AM EST

Operating Cash Flow in the Fourth Quarter of $742 Million; Full Year 2015 Operating Cash Flow of $2.4 Billion

2016 Operating Earnings Per Share Expected To Be Between $4.15 and $4.45

Announces Expanded $400 Million Restructuring Program and $3 Billion Share Repurchase Plan

DUBLIN--(BUSINESS WIRE)-- Power management company Eaton Corporation plc (NYSE: ETN) today announced operating earnings per share for the fourth quarter of $1.17, which exclude charges of $0.02 per share to integrate recent acquisitions, a decrease of 8 percent from the fourth quarter of 2014. Sales in the quarter were $5.1 billion, down 9 percent from the same period in... More