Eaton Raises FY23 Adj. EPS Guidance To $8.65-$8.85 vs $8.45 Est., Sees Q3 Adj. EPS $2.27-$2.37 vs $2.24 Est.
Portfolio Pulse from Benzinga Newsdesk
Eaton Corporation has increased its FY23 adjusted EPS guidance to $8.65-$8.85, up from the previous estimate of $8.45. The company also expects Q3 adjusted EPS to be $2.27-$2.37, higher than the estimated $2.24.
August 01, 2023 | 10:34 am
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Eaton Corporation has raised its FY23 and Q3 adjusted EPS guidance, which is higher than previous estimates. This could indicate a positive financial performance.
Eaton Corporation's raised guidance for FY23 and Q3 adjusted EPS, which is higher than previous estimates, indicates that the company expects better financial performance. This could lead to a positive impact on the company's stock price in the short term.
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