Eaton Corp Q2 EPS $2.21 Beats $2.11 Estimate, Sales $5.87B Beat $5.74B Estimate
Portfolio Pulse from Benzinga Newsdesk
Eaton Corp (NYSE:ETN) reported Q2 earnings of $2.21 per share, beating the analyst consensus estimate of $2.11 by 4.74%. This is an 18.18% increase from the same period last year. The company also reported quarterly sales of $5.87 billion, beating the analyst consensus estimate of $5.74 billion by 2.21%, a 12.55% increase from the same period last year.
August 01, 2023 | 10:31 am
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Eaton Corp's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance.
Eaton Corp's earnings and sales for Q2 have exceeded analyst estimates, which is typically a positive signal for the company's financial health and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100