Eaton Corp. Bottom Line Rises In Q4

Eaton Corp. (ETN) revealed a profit for its fourth quarter that increased from the same period last year

The company's earnings totaled $551 million, or $1.38 per share. This compares with $475 million, or $1.19 per share, in last year's fourth quarter.

Excluding items, Eaton Corp. reported adjusted earnings of $691 million or $1.72 per share for the period.

The company's revenue for the quarter rose 2.3% to $4.80 billion from $4.69 billion last year.

Eaton Corp. earnings at a glance (GAAP) :

-Earnings (Q4): $551 Mln. vs. $475 Mln. last year.
-EPS (Q4): $1.38 vs. $1.19 last year.
-Revenue (Q4): $4.80 Bln vs. $4.69 Bln last year.

Next quarter EPS guidance: $1.55 - $1.65

For comments and feedback contact: editorial@rttnews.com

Follow RTT