- Eaton Corp’s second-quarter forecast for adjusted EPS is between $2.85 and $2.95, which is below the estimate of $2.97.
- For the first quarter, Eaton reported an adjusted EPS of $2.72, slightly above the estimate of $2.71.
- The company achieved net sales of $6.38 billion, surpassing the estimate of $6.28 billion.
- Electrical Americas reported net sales of $3.01 billion, exceeding the estimate of $2.97 billion.
- Electrical global segment achieved net sales of $1.61 billion, higher than the projected $1.54 billion.
- Aerospace net sales reached $979 million, above the expected $947.1 million.
- Vehicle net sales were $617 million, falling short of the estimate of $658.5 million.
- EMobility saw net sales of $162 million, slightly below the forecasted $165.6 million.
- Total segment operating income amounted to $1.52 billion, beating the expectation of $1.5 billion.
- Analyst recommendations include 19 buys, 10 holds, and no sells.
A look at Eaton Corp Plc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Investment analysts assessing Eaton Corp Plc‘s long-term outlook have noted a mixed bag of Smartkarma Smart Scores. Scores for Growth and Resilience are notably higher, implying a positive trajectory for the company’s future development and ability to weather economic uncertainties. These high scores indicate a strong potential for expansion and a solid foundation to withstand market challenges.
On the other hand, scores for Value, Dividend, and Momentum are more moderate, suggesting areas where Eaton Corp Plc may have room for improvement. Despite this, the company remains a key player in the manufacturing sector, providing a diverse range of engineered products for various markets. Based in Dublin, Ireland, Eaton Corporation PLC continues to offer hydraulic, electrical, and vehicle components, demonstrating its commitment to innovation and adaptability in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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