Eaton Corp: Q4 Earnings Insights

Eaton Corp ETN reported its Q4 earnings results on Friday, February 4, 2022 at 06:30 AM.

Here's what investors need to know about the announcement.

Eaton Corp beat estimated earnings by 0.58%, reporting an EPS of $1.72 versus an estimate of $1.71, which did not surprise analysts.

Revenue was up $111.00 million from the same period last year.

Last quarter the company beat on EPS by $0.02, which was followed by a 1.25% drop in the share price the next day.

Here's a look at Eaton Corp's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	1.73	1.55	1.23	1.20
EPS Actual	1.75	1.72	1.44	1.28
Revenue Estimate	5.02B	4.91B	4.55B	4.62B
Revenue Actual	4.92B	5.21B	4.69B	4.69B

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Eaton Corp management provided guidance for their next quarter, expecting earnings between $1.55 and $1.65 per share for the next quarter.

This represents a -6.98% in quarter-over-quarter growth for Eaton Corp, a bearish signal to many investors.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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