Why Is Eaton (ETN) Down 12.9% Since Last Earnings Report?

A month has gone by since the last earnings report for Eaton (ETN) . Shares have lost about 12.9% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Eaton due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important drivers.Eaton Q3 Earnings Beat Estimates, Organic Sales Boost RevenuesEaton Co ...