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Eaton Reports Record Fourth Quarter 2023 Results, with Continued Strong Backlog Growth, and Issues Guidance on 2024 Outlook
ETNEaton(ETN) Businesswire·2024-02-01 11:30

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were 2.35forthefourthquarterof2023.Excludingchargesof2.35 for the fourth quarter of 2023. Excluding charges of 0.22 per share related to intangible amortization, 0.02persharerelatedtoamultiyearrestructuringprogram,andincomeof0.02 per share related to a multi-year restructuring program, and income of 0.04 per share related to acquisitions and divestitures, adjusted earnings per share of 2.55werearecordandup242.55 were a record and up 24% over the fourth quarter of 2022. Sales in the quarter were 6 ...