— 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.
The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,
Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a
Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss