While reporting its financial results for the fourth quarter on Tuesday, power management company Eaton Corp plc (ETN) initiated adjusted earnings and organic revenue growth guidance for the full-year 2021. It also provided adjusted earnings outlook for the first quarter.
For the first quarter, the company expects adjusted earnings in a range of $1.17 to $1.27 per share. On average, analysts polled by Thomson Reuters expect the company to report earnings of $1.05 per share for the quarter. Analysts' estimates typically exclude special items.
Looking ahead to fiscal 2021, the company now projects adjusted earnings in a range of $5.40 to $5.80 per share on organic revenue growth of 4 to 6 percent. The Street is looking for earnings of $4.83 per share for the year.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.