Eaton (ETN) Reports Q4 Earnings: What Key Metrics Have to Say

Core Insights - Eaton reported $6.24 billion in revenue for Q4 2024, a year-over-year increase of 4.6%, with an EPS of $2.83 compared to $2.55 a year ago [1] - The revenue fell short of the Zacks Consensus Estimate of $6.35 billion by 1.73%, while the EPS exceeded the consensus estimate of $2.81 by 0.71% [1] Financial Performance - Net Sales in eMobility were $147 million, below the average estimate of $160.96 million, reflecting a year-over-year decline of 10.9% [4] - Aerospace net sales reached $971 million, slightly above the estimated $961.90 million, marking an 8.5% increase year-over-year [4] - Vehicle net sales were $647 million, below the estimated $682.91 million, representing a 10.5% decline year-over-year [4] - Electrical Global net sales were $1.57 billion, matching the average estimate, with a year-over-year increase of 3.8% [4] - Electrical Americas net sales were $2.91 billion, below the estimated $2.98 billion, but showed an 8.7% increase year-over-year [4] Segment Operating Profit - Aerospace segment operating profit was $222 million, slightly below the average estimate of $223.48 million [4] - Vehicle segment operating profit was $122 million, below the average estimate of $127.08 million [4] - Electrical Global segment operating profit was $277 million, compared to the average estimate of $288.62 million [4] - Electrical Americas segment operating profit was $918 million, exceeding the average estimate of $880.27 million [4] - eMobility segment operating profit was $3 million, slightly below the average estimate of $3.97 million [4] Stock Performance - Eaton's shares returned -1.5% over the past month, while the Zacks S&P 500 composite increased by 2.9% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]