– Power management company Eaton Corp. (NYSE: ETN) reported adjusted earnings of $1.52 per share for the third quarter, vs. $1.51 per share expected.
— Net income rose to $601 million or $1.44 per share from $416 million or $0.96 per share last year
– Net sales were $5.3 million, down 2 percent from the third quarter of 2018
– Lowered midpoint of full-Year 2019 adjusted earnings per share guidance to $5.72, to reflect market headwinds
— Full-year operating cash flow now expected to be between $3.4 billion and $3.6 billion, around $100 million above the prior guidance
– Eaton shares closed the last trading session up 1.8%
Most Popular
NKE Q2 Earnings Preview: Can Nike maintain the recovery momentum?
Sneaker giant NIKE, Inc. (NYSE: NKE) entered the fiscal year facing heightened competition and shifting consumer preferences. Its upcoming second-quarter results are expected to reflect these evolving industry dynamics and
Earnings Preview: Conagra Brands’ (CAG) sales and earnings projected to decline in Q2 2026
Shares of Conagra Brands, Inc. (NYSE: CAG) rose 1% on Friday. The stock has dropped 7% in the past three months. The branded food company is slated to report its
Costco (COST) reports strong growth in Q1 FY26 earnings; revenue up 8%
Costco Wholesale Corporation (NASDAQ: COST) has reported an increase in net income for the first quarter of fiscal 2026. Revenues grew 8.3% year-over-year. The Issaquah, Washington-headquartered warehouse giant’s total revenues
