Eaton shares are trading higher after the company reported mixed Q3 results and raised its FY23 adjusted EPS guidance.
Portfolio Pulse from Benzinga Newsdesk
Eaton Corporation (ETN) reported mixed Q3 results but raised its FY23 adjusted EPS guidance, leading to a rise in its share prices.
October 31, 2023 | 3:52 pm
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Eaton Corporation's Q3 results were mixed, but the company raised its FY23 adjusted EPS guidance, which has led to an increase in its share prices.
Eaton Corporation's mixed Q3 results might have caused some uncertainty among investors. However, the company's decision to raise its FY23 adjusted EPS guidance indicates a positive outlook for the company's future earnings, which has likely led to the increase in its share prices.
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