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Eaton Corp. Q2 adjusted earnings Beat Estimates

Eaton Corp. (ETN) reported a profit for its second quarter that climbed from last year.

The company's profit totaled $636 million, or $1.50 per share. This compares with $610 million, or $1.39 per share, in last year's second quarter.

Excluding items, Eaton Corp. reported adjusted earnings of $650 million or $1.53 per share for the period.

Analysts had expected the company to earn $1.51 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.7% to $5.53 billion from $5.49 billion last year.

Eaton Corp. earnings at a glance:

-Earnings (Q2): $650 Mln. vs. $610 Mln. last year.
-EPS (Q2): $1.53 vs. $1.39 last year.
-Analysts Estimate: $1.51
-Revenue (Q2): $5.53 Bln vs. $5.49 Bln last year.

Full year EPS guidance: $5.77 - $5.97

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