Eaton Reports Second Quarter Earnings per Share of $1.50

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Go back to Eaton Reports Second Quarter Earnings per Share of $1.50

Eaton (ETN) Tops Q2 EPS by 2c; Narrows FY EPS Outlook

July 30, 2019 6:37 AM EDT

Eaton (NYSE: ETN) reported Q2 EPS of $1.53, $0.02 better than the analyst estimate of $1.51. Revenue for the quarter came in at $5.5 billion versus the consensus estimate of $5.63 billion.

Craig Arnold, Eaton chairman and chief executive officer, said, We had a solid second quarter, with adjusted earnings per share at the high end of our guidance range. Organic growth came in at 2½ percent, reflecting a moderation of global growth, particularly in Europe and... More