Eaton (ETN) Tops Q2 EPS by 6c

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Eaton Reports Second Quarter Earnings Per Share of $1.39, Up 21 Percent Over Second Quarter of 2017 and Above High End of Guidance Range

July 31, 2018 6:30 AM EDT

Organic Sales Growth of 7 Percent in the Second Quarter

Earnings Guidance for 2018 Raised, Resulting in 14 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 $1.39 for the second quarter of 2018, an increase of 21 percent over the second quarter of 2017. Net income was $610 million, up 18 percent over the second quarter of 2017.

Sales in the... More