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Stock impact report

Eaton Reports First Quarter Earnings Per Share of $1.07

Eaton Corporation, PLC Ordinary Shares (ETN) 
Last eaton corporation, plc ordinary shares earnings: 4/30 06:30 am Check Earnings Report
Company Research Source: Business Wire
Adjusted Earnings per Share of $1.09 for the First Quarter Excluding Charges of $0.02 Per Share Related to Acquisitions and Divestitures Completed Sale of Lighting Business for $1.4 Billion and Expect to Complete the Hydraulics Business Sale for $3.3 Billion by End of 20202020 Full Year Free Cash Flow Expected to be between $2.3 Billion and $2.7 Billion DUBLIN--(BUSINESS WIRE)--Power management company Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were $1.07 for the first quarter of 2020. Excluding charges of $0.02 per share related to acquisitions and divestitures, adjusted earnings per share were $1.09. Adjusted earnings per share were reduced by $0.14 due to the impact of the COVID-19 pandemic.Sales in the first quarter of 2020 were $4.8 billion, down 10 percent from the first quarter of 2019. Organic sales were down 7 percent, including a reduction of 4 percent from the impact of the COVID-19 pandemic. Acquisitions added 2 percent to sales, which was Show less Read more
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