Eaton For 4Q23 Anticipates Organic Growth Of 8-10% And Adjusted EPS Of $2.39-$2.49 Vs. $2.37 Consensus
Portfolio Pulse from Benzinga Newsdesk
Eaton Corporation (ETN) has provided its Q4 and full year adjusted earnings guidance for 2023. The company anticipates organic growth of 8-10% and adjusted EPS of $2.39-$2.49, which is higher than the consensus estimate of $2.37. The full year adjusted earnings per share is expected to be between $8.95 and $9.05.
October 31, 2023 | 10:39 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Eaton Corporation's Q4 2023 earnings guidance indicates higher than expected organic growth and adjusted EPS. This could potentially lead to a positive impact on the company's stock price.
Eaton Corporation's earnings guidance for Q4 2023 is higher than the consensus estimate. This indicates that the company is expecting to perform better than what the market has currently priced in, which could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100