ETN Stock Recent News

In the latest trading session, Eaton (ETN) closed at $333.05, marking a +1.86% move from the previous day.

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

ETN's premium valuation is justified given its rising earnings estimates, strong return on assets, and management's initiative to increase shareholder value.

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were $2.48 for the second quarter of 2024, a second quarter record and up 33% over the second quarter of 2023. Excluding charges of $0.20 per share related to intangible amortization, $0.03 per share related to a multi-year restructuring program, and $0.02 per share related to acquisitions and divestitures, adjusted earnings per share of $2.73 were a record and.

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Exertherm, a privately owned, U.K.-based provider of thermal monitoring solutions for electrical equipment. “Exertherm is a company known for innovative technology and trusted solutions for data centers and other applications,” said Mike Yelton, president, Americas Region, Electrical Sector. “We look forward to the opportunity to integrate thermal monitoring solutio.

We're going to need a great deal of new electricity in order to provide power for all of the AI tools. In March, Tesla (NASDAQ: TSLA ) CEO Elon Musk stated that the U.S. would suffer electricity outages in 2025 because of the power consumption of AI.

The headline numbers for Eaton (ETN) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Eaton (ETN) concluded the recent trading session at $318.79, signifying a +1.9% move from its prior day's close.

As capital goods represent the majority of companies involved with contributing to key aspects of modern, industrialized societies, their respective sizes makes them less likely to exhibit the same kind of volatility that other sectors, like technology, for example, might exhibit.

Investors looking for stocks in the Manufacturing - Electronics sector might want to consider either EnerSys (ENS) or Eaton (ETN). But which of these two stocks offers value investors a better bang for their buck right now?