Eaton Q3 Earnings: Revenue Miss, EPS Beat, Raised Guidance On Continued 'Strong Demand'

Eaton Corp (NYSE:ETN) reported third-quarter financial results before the market open on Thursday. Here’s a look at the key metrics from the quarter.

Q3 Revenue: $6.35 billion, versus estimates of $6.37 billion

Q3 EPS: $2.84, versus estimates of $2.80

Eaton reported 8% organic revenue growth in the quarter. The company highlighted strong backlog growth of 25% in Electrical and 14% in Aerospace.

Operating cash flow was $1.3 billion and free cash flow was $1.1 billion in the quarter, up 15% and 23%, respectively, compared to the ...