Eaton (ETN) Reports In-Line Q3 EPS; Guides Modestly Below the Street

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Go back to Eaton (ETN) Reports In-Line Q3 EPS; Guides Modestly Below the Street

Eaton Reports Third Quarter Net Income and Operating Earnings Per Share of $1.15

November 1, 2016 6:30 AM EDT

Net Income Per Share up 20 Percent over Third Quarter of 2015

Operating Earnings Per Share up 19 Percent over Third Quarter of 2015

Midpoint of Full Year Earnings Per Share Guidance Reduced by 2 Percent

Announces Expanded Restructuring Program

DUBLIN--(BUSINESS WIRE)-- Power management company Eaton Corporation plc (NYSE: ETN) today announced that net income and operating earnings per share were $1.15 for the third quarter of 2016. Net income per share in the third quarter of 2016 was up 20 percent over the third quarter of 2015. Operating earnings per share, which exclude $1... More