Categories Earnings, Industrials

Eaton Corp. (ETN): Q4 2019 Earnings Snapshot

— Eaton Corporation plc (NYSE: ETN) reported Q4 2019 earnings of $1.46 per share, vs. $1.40 expected.

— Sales fell 4% to $5.2 billion, vs. $5.34 billion expected.

— Organic sales dropped 4%.

— Electric Products segment sales fell 2% to $1.8 billion.

— Electrical Systems and Services segment sales rose 4% to $1.7 billion.

— Hydraulics segment sales dropped 13% to $565 million.

— Aerospace segment sales were up 3% to $512 million.

— Vehicle segment sales fell 19% to $664 million.

— eMobility segment sales were down 6% to $75 million.

— FY2020 organic revenues are expected to be between down 1% and up 1% versus 2019.

— FY2020 adjusted EPS is expected to be $5.60-5.90.

— Q1 2020 adjusted EPS is expected to be $1.16-1.26.

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