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Eaton Corp. Q4 adjusted earnings Miss Estimates

Eaton Corp. (ETN) reported earnings for fourth quarter that declined from the same period last year.

The company's earnings totaled $452 million, or $1.09 per share. This compares with $631M, or $1.46 per share, in last year's fourth quarter.

Excluding items, Eaton Corp. reported adjusted earnings of $566 million or $1.37 per share for the period.

Analysts had expected the company to earn $1.40 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 4.0% to $5.24 billion from $5.46 billion last year.

Eaton Corp. earnings at a glance:

-Earnings (Q4): $566 Mln. vs. $631 Mln. last year.
-EPS (Q4): $1.37 vs. $1.46 last year.
-Analysts Estimate: $1.40
-Revenue (Q4): $5.24 Bln vs. $5.46 Bln last year.

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