Eaton Corporation (ETN) is expected to report an improvement in its top and bottom lines when it reports fourth-quarter 2024 results on Jan. 31, before market open.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.The Zacks Consensus Estimate for ETN’s fourth-quarter revenues is pegged at $6.35 billion, indicating a 6.4% increase from the year-ago reported figure.The consensus estimate for earnings is pegged at $2.81 per share. The Zacks Consensus Estimate for ETN’s fourth-quarter earni ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Eaton (ETN) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 31, 2025, might help the stock move higher if these key numbers are better than expec ...

Eaton (ETN) ended the recent trading session at $345.19, demonstrating a +0.76% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a loss of 0.21% for the day. Elsewhere, the Dow saw a downswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.89%.The power management company's stock has climbed by 2.23% in the past month, exceeding the Industrial Products sector's loss of 3.88% and the S&P 500's loss of 1.56%.Market participants will be closely following th ...

STAMFORD, Conn., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Eaton Partners, one of the largest placement agents and fund advisory firms and a wholly-owned subsidiary of Stifel Financial Corp. (NYSE: SF), is pleased to have acted as lead placement agent for Colbeck Capital Management (“Colbeck”), a leading middle-market private credit firm focused on strategic lending. Colbeck’s third flagship fund, Colbeck Strategic Lending III (the “Fund” or “CSL III”), raised $700 million in capital commitments, exceeding the targ ...

Southern California Edison did not detect any electrical anomalies from its equipment in the hours before the outbreak of the Eaton Fire in the Los Angeles area, the CEO of the utility's parent company said Monday.Four transmission lines in the Eaton Canyon area showed no signs of interruptions or anomalies in the 12 hours prior to the fire's start time, the utility told the California Public Utilities Commission in an incident report.Electrical anomalies are typically seen when equipment sparks, Edison Int ...

Eaton Corporation (ETN) is trading above its 200-day simple moving average (SMA), signaling a bullish trend. Organic growth and continued investments in research and development of new products are assisting the company in providing efficient power management solutions to its clients.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.ETN’s 200-Day SMA ChartImage Source: Zacks Investment ResearchThe 200-day SMA is a key indicator for traders and analysts to identify support and resistan ...

Stock Performance - Eaton (ETN) closed at $348 56, up 1 75% from the previous session, outperforming the S&P 500's 0 55% gain [1] - The Dow dropped 0 06%, while the Nasdaq increased 1 24% [1] Earnings and Revenue Expectations - Eaton is expected to report an EPS of $2 82, a 10 59% increase year-over-year [2] - Revenue is anticipated to be $6 37 billion, a 6 72% rise compared to the same quarter last year [2] Analyst Estimates and Zacks Rank - Recent revisions to analyst estimates reflect short-term business trends, with positive changes indicating a favorable outlook on the company's health and profitability [3] - The Zacks Rank system, which integrates estimate changes, has a strong track record, with 1-ranked stocks delivering an average annual return of +25% since 1988 [4][5] - Eaton currently holds a Zacks Rank of 3 (Hold), and the Zacks Consensus EPS estimate has moved 0 02% lower over the past month [5] Valuation Metrics - Eaton's Forward P/E ratio is 28 26, higher than the industry average of 21 42 [6] - The PEG ratio is 2 28, compared to the industry average of 1 8, indicating a premium valuation relative to expected earnings growth [6] Industry Overview - The Manufacturing - Electronics industry, part of the Industrial Products sector, has a Zacks Industry Rank of 91, placing it in the top 37% of all industries [7] - The top 50% of industries outperform the bottom half by a factor of 2 to 1, as measured by the Zacks Industry Rank [7]

Eaton (ETN) closed at $335.64 in the latest trading session, marking a +0.16% move from the prior day. This change outpaced the S&P 500's 0.09% loss on the day. On the other hand, the Dow registered a gain of 0.04%, and the technology-centric Nasdaq decreased by 0.1%.The power management company's stock has dropped by 7.03% in the past month, falling short of the Industrial Products sector's loss of 4.58% and the S&P 500's loss of 0.29%.Market participants will be closely following the financial results of ...

The industrials sector has been in a period of contraction for most of 2023 and 2024, with sharply mixed performance among different companies during that time. Some firms have thrived, like power management giant Eaton Corp. plc NYSE: ETN, with its nearly 50% returns in the year leading to December 13, 2024. On the other hand, even some of the sector's stalwarts have seen share prices decline during this period as well. The Boeing Co. NYSE: BA is an example on the latter end of the spectrum; its stock has ...