Eaton (ETN) to Acquire Cobham Mission Systems for $2.83 Billion

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Go back to Eaton (ETN) to Acquire Cobham Mission Systems for $2.83 Billion

Eaton (ETN) Tops Q4 EPS by 8c, Revenues Beat; Offers FY21 EPS Guidance Above Consensus

February 2, 2021 6:32 AM EST

Eaton (NYSE: ETN) reported Q4 EPS of $1.28, $0.08 better than the analyst estimate of $1.20. Revenue for the quarter came in at $4.69 billion versus the consensus estimate of $4.6 billion.

Adjusted Earnings Per Share of $1.28 for the Fourth QuarterFull Year Free Cash Flow $2.6 Billion, at the Top of Guidance RangeStarting in 2021, Adjusted Earnings Per Share Will Be Revised to Add Back Amortization of IntangiblesAdjusted Earnings Per Share for 2021 Expected to be Between $5.40 and $5.80

Craig Arnold, Eaton chairman and chief executive officer, said, Our fourth quarter was stronger... More