Eaton For Q1 Anticipates Organic Growth Of 6%-8% And Adjusted EPS Of $2.21 - $2.31 Vs. $2.17 Consensus
Portfolio Pulse from Benzinga Newsdesk
Eaton Corporation (ETN) forecasts Q1 organic growth of 6%-8% and an adjusted EPS of $2.21 - $2.31, surpassing the consensus estimate of $2.17.
February 01, 2024 | 11:36 am
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Eaton Corporation anticipates a Q1 organic growth of 6%-8% and an adjusted EPS of $2.21 - $2.31, exceeding the consensus estimate of $2.17.
Eaton's forecasted Q1 organic growth and adjusted EPS both exceed market expectations, indicating strong performance and operational efficiency. This positive outlook is likely to boost investor confidence and potentially lead to a short-term increase in ETN's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100