- Eaton Corp’s 2Q Results: Adjusted EPS of $2.73, beating the estimate of $2.61.
- Net Sales: Achieved $6.35 billion, matching the estimated $6.35 billion.
- Electrical Americas Net Sales: $2.88 billion, slightly above the estimated $2.87 billion.
- Electrical Global Net Sales: $1.61 billion, meeting the estimate of $1.61 billion.
- Aerospace Net Sales: $955 million, surpassing the estimate of $936.1 million.
- Vehicle Net Sales: $723 million, below the estimated $739 million.
- EMobility Net Sales: $189 million, lower than the estimated $191.8 million.
- Total Segment Operating Income: $1.50 billion, exceeding the estimate of $1.41 billion.
- Analyst Ratings: 16 buys, 5 holds, and 2 sells.
A look at Eaton Corp Plc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
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
Analysts predict a positive long-term outlook for Eaton Corp Plc, a company that manufactures a variety of engineered products for different markets. With a solid score of 4 for Growth and scores of 3 for Dividend, Resilience, and Momentum, the company seems well-positioned to expand and weather market challenges. While the Value score is not as high at 2, the overall outlook indicates promising growth potential and steady performance in the future.
Eaton Corp Plc is known for its wide range of products for industrial, vehicle, construction, commercial, and aerospace sectors. Offering hydraulic products, electrical power distribution equipment, truck drivetrain systems, and more, the company operates from Dublin, Ireland. The combination of its strong Growth score and diversified product lineup suggests a robust foundation for long-term success in various markets.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
