Core Insights - Analysts forecast Eaton (ETN) to report quarterly earnings of $2.92 per share, reflecting a year-over-year increase of 7% and revenues of $6.93 billion, which is a 9.1% increase compared to the previous year [1] Earnings Estimates - The consensus EPS estimate has remained unchanged over the past 30 days, indicating that analysts have not revised their projections during this period [2] - Revisions to earnings projections are crucial for predicting investor behavior and are strongly linked to short-term stock price performance [3] Key Metrics Forecast - Estimated 'Net Sales- eMobility' is projected at $191.13 million, showing a year-over-year change of +1.1% [5] - 'Net Sales- Aerospace' is expected to reach $1.03 billion, indicating a +7.9% change from the prior year [5] - 'Net Sales- Vehicle' is forecasted at $674.75 million, reflecting a -6.7% change from the previous year [5] - 'Net Sales- Electrical Global' is anticipated to be $1.70 billion, with a +5.9% year-over-year change [6] - 'Net Sales- Electrical Americas' is projected to reach $3.31 billion, indicating a +15.2% change [6] Segment Operating Profit Estimates - 'Segment operating profit (loss)- Aerospace' is expected to be $239.31 million, up from $206.00 million in the same quarter last year [6] - 'Segment operating profit (loss)- Vehicle' is forecasted at $108.81 million, down from $130.00 million in the same quarter last year [7] - 'Segment operating profit (loss)- Electrical Global' is projected to be $327.71 million, compared to $305.00 million in the same quarter last year [7] - 'Segment operating profit (loss)- Electrical Americas' is expected to reach $975.36 million, up from $859.00 million in the previous year [8] Stock Performance - Over the past month, Eaton shares have returned +8.9%, outperforming the Zacks S&P 500 composite's +2.7% change [8] - Currently, ETN holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [8]
Stay Ahead of the Game With Eaton (ETN) Q2 Earnings: Wall Street's Insights on Key Metrics