Eaton ( NYSE:ETN – Get Rating ) announced its earnings results on Tuesday. The industrial products company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.78 by $0.10, Briefing.com reports. The business had revenue of $5.50 billion during the quarter, compared to analyst estimates of $5.23 billion. Eaton had a net margin of 11.86% and a return on equity of 18.31%. Eaton's revenue for the quarter was up 13.6% on a year-over-year basis. During the same period in the previous year, the business posted $1.

https://www.dailypolitical.com/2023/05/03/eaton-nyseetn-announces-quarterly-earnings-results.html

#dailypolitical