A Peek at Eaton Corp's Future Earnings

Eaton Corp (NYSE:ETN) will release its quarterly earnings report on Thursday, 2024-10-31. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Eaton Corp to report an earnings per share (EPS) of $2.80.

Investors in Eaton Corp are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.

It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.

Historical Earnings Performance

Last quarter the company beat EPS by $0.12, which was followed by a 6.23% drop in the share price the next day.

Here's a look at Eaton Corp's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

2.61

2.29

2.47

2.34

EPS Actual

2.73

2.40

2.55

2.47

Price Change %

-6.0%

-2.0%

2.0%

3.0%

Analyst Insights on Eaton Corp

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Eaton Corp.

Analysts have given Eaton Corp a total of 10 ratings, with the consensus rating being Outperform. The average one-year price target is $345.5, indicating a potential 0.01% downside.

Comparing Ratings with Competitors

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