Eaton Corp (NYSE:ETN) reported its Q1 earnings results on Tuesday, May 3, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Eaton Corp beat estimated earnings by 1.25%, reporting an EPS of $1.62 versus an estimate of $1.6.
Revenue was up $151.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 3.72% drop in the share price the next day.
Here's a look at Eaton Corp's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.71 | 1.73 | 1.55 | 1.23 |
| EPS Actual | 1.72 | 1.75 | 1.72 | 1.44 |
| Revenue Estimate | 4.90B | 5.02B | 4.91B | 4.55B |
| Revenue Actual | 4.80B | 4.92B | 5.21B | 4.69B |
To track all earnings releases for Eaton Corp visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
