— 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.
Earlier we looked into how, during the COVID-19 pandemic, retailers saw changing trends in terms of their assortments and how the acceleration of online shopping led many of them to
Data is at the heart of business innovation. Recognizing this trend, companies are seeking ways to transform their businesses by capturing, analyzing, and mobilizing data. The public cloud is becoming
The second half has been highly rewarding for design software maker Adobe Inc. (NASDAQ: ADBE) amid stable demand for digital content solutions. The company has remained unaffected by the virus-related