Eaton (ETN) Tops Q1 EPS by 3c, Offers Q2 & FY Guidance

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Eaton Reports First Quarter Earnings Per Share of $1.10, Up 15 Percent Over First Quarter of 2017 and at High End of Guidance Range

May 1, 2018 6:30 AM EDT

Sales Growth of 8 Percent in the First Quarter, with Organic Sales Growth of 6 Percent

Earnings Guidance for 2018 Raised, Resulting in 12 Percent Earnings Per Share Growth at Midpoint of Guidance, Excluding the 2017 Gain on Eaton Cummins Joint Venture and the Income Related to the New U.S. Tax Bill

DUBLIN--(BUSINESS WIRE)-- Power management company Eaton Corporation plc (NYSE: ETN) today announced that earnings per share were $1.10 for the first quarter of 2018, an increase of 15 percent over the first quarter of 2017. Net income was $488 million, up 12 percent over the first quarter of 2017.... More