Eaton Corporation Set to Announce Q1 Earnings with Positive Outlook
Dublin, Ireland-based Eaton Corporation plc (ETN) stands as a significant player in power management and electrical components, holding a market capitalization of $108.6 billion. The company’s diverse portfolio serves various sectors, including electrical, aerospace, vehicles, and eMobility. Eaton is scheduled to release its fiscal Q1 earnings report for 2025 on Tuesday, April 29.
Projected Earnings and Performance Trends
Analysts anticipate that Eaton will report earnings of $2.70 per share, marking a 12.5% increase from $2.40 in the same quarter last year. The company has consistently outperformed Wall Street’s earnings estimates in the past four quarters. In Q4 2024, Eaton posted an EPS of $2.83, slightly exceeding expectations.
Yearly Earnings Forecast
Looking towards fiscal 2025, analysts project Eaton’s profit to reach $12 per share, reflecting an 11.1% increase from $10.80 in fiscal 2024. This growth trend is expected to continue, with EPS forecasted to rise 12.7% year-over-year to $13.52 in fiscal 2026.
Stock Performance Analysis
However, shares of ETN have experienced a 12.1% decline over the past year, lagging behind the S&P 500 Index’s ($SPX) 6.6% gain and the Industrial Select Sector SPDR Fund’s (XLI) 3.6% rise during the same period.
Recent Earnings and Market Response
On January 31, shares of ETN fell slightly in reaction to its mixed Q4 earnings release. While ETN’s adjusted EPS rose 11% from the prior year to $2.83, surpassing Wall Street forecasts, the company’s revenue of $6.2 billion was a 4.6% increase but fell short of estimates by 1.7%. This shortfall was largely attributed to lower sales in the eMobility and vehicle segments affected by a weak light vehicle market.
Analyst Ratings and Price Targets
Wall Street analysts display moderate optimism regarding ETN’s stock, assigning it a “Moderate Buy” rating overall. Among the 21 analysts tracking the stock, 13 recommend “Strong Buy,” two suggest “Moderate Buy,” and six advise “Hold.” The mean price target for ETN stands at $348.86, indicating a potential upside of 25.9% from current trading levels.
On the date of publication, Neharika Jain did not hold (either directly or indirectly) any positions in the securities mentioned in this article. All information and data presented are for informational purposes only. For more information, please view the Barchart Disclosure Policy here.
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