Eaton For FY24 Anticipates Organic Growth Of 6.5%-8.5% And Adjusted EPS Of $9.95 and $10.35 Vs. $9.04 Consensus
Portfolio Pulse from Benzinga Newsdesk
Eaton Corporation (ETN) projects organic growth of 6.5%-8.5% for FY24, with an adjusted EPS forecast of $9.95 to $10.35, surpassing the consensus estimate of $9.04.
February 01, 2024 | 11:37 am
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Eaton Corporation anticipates a significant organic growth and an adjusted EPS that exceeds consensus estimates for FY24.
Eaton's projection of higher-than-expected organic growth and adjusted EPS for FY24 suggests a positive outlook for the company's financial performance. This is likely to be viewed favorably by investors, potentially leading to an increase in stock price in the short term.
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