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Eaton Corp. Q2 adjusted earnings Beat Estimates

Eaton Corp. (ETN) released earnings for its second quarter that rose from last year.

The company's earnings came in at $610 million, or $1.40 per share. This compares with $516 million, or $1.16 per share, in last year's second quarter.

Excluding items, Eaton Corp. reported adjusted earnings of $610 million or $1.39 per share for the period.

Analysts had expected the company to earn $1.33 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.0% to $5.49 billion from $5.13 billion last year.

Eaton Corp. earnings at a glance:

-Earnings (Q2): $610 Mln. vs. $516 Mln. last year.
-EPS (Q2): $1.39 vs. $1.15 last year.
-Analysts Estimate: $1.33
-Revenue (Q2): $5.49 Bln vs. $5.13 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.35 - $1.45
Full year EPS guidance: $5.20 - $5.40

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