Eaton (ETN) Misses Q2 EPS by 1c, Updates Guidance

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Go back to Eaton (ETN) Misses Q2 EPS by 1c, Updates Guidance

Eaton Reports Second Quarter Net Income and Operating Earnings Per Share of $1.15, Up 7 Percent Over Second Quarter of 2016 and at High End of Guidance Range

August 1, 2017 6:30 AM EDT

Affirms Midpoint of 2017 Earnings Guidance

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 second quarter of 2017. Net income per share in the second quarter of 2017 was up 7 percent over the second quarter of 2016. Operating earnings per share, which exclude $1 million of acquisition integration charges in the second quarters of both 2017 and 2016, were also up 7 percent over the second quarter of 2016.

Sales in the second quarter of 2017 were $5.1 billion, up 1 percent over the same period in... More