– 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
What to look for when CVS Health (CVS) reports Q3 earnings
Healthcare company CVS Health Corporation (NYSE: CVS) is all set to report earnings next week, with Wall Street expecting a mixed outcome. The company has been facing challenges in certain
eBay (EBAY): A few factors that helped drive growth in Q3 2024
Shares of eBay Inc. (NASDAQ: EBAY) stayed green on Friday. The stock has gained 32% year-to-date. The ecommerce leader delivered revenue and earnings growth for the third quarter of 2024,
CVX Earnings: Chevron reports lower revenue and profit for Q3 2024
Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to
