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Stock impact report

Eaton Reports First Quarter Earnings Per Share of $1.10, Up 15 Percent Over First Quarter of 2017 and at High End of Guidance Range

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
Sales Growth of 8 Percent in the First Quarter, with Organic Sales Growth of 6 Percent Earnings Guidance for 2018 Raised, Resulting in 12 Percent Earnings Per Share Growth at Midpoint of Guidance, Excluding the 2017 Gain on Eaton Cummins Joint Venture and the Income Related to the New U.S. Tax Bill DUBLIN--(BUSINESS WIRE)-- Power management company Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were $1.10 for the first quarter of 2018, an increase of 15 percent over the first quarter of 2017. Net income was $488 million, up 12 percent over the first quarter of 2017. Sales in the first quarter of 2018 were $5.3 billion, up 8 percent over the same period in 2017. The sales increase consisted of 6 percent growth in organic sales and 3 percent increase from positive currency translation, partially offset by negative 1 percent from the divestiture in 2017 of our Show less Read more
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