Investing.com - Eaton (NYSE:ETN) reported first quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.62 on revenue of $4.84B. Analysts polled by Investing.com anticipated EPS of $1.6 on revenue of $4.78B. .
For the year, Eaton shares are up 8%, outperforming the S&P 500 which is down 12.82% year to date.
Eaton follows other major Industrials sector earnings this month
On Tuesday, April 26, 2022, United Parcel Service reported first quarter EPS of $3.05 on revenue of $24.38B, compared to forecasts of EPS of $2.89 on revenue of $23.82B.
Union Pacific earnings beat analyst's expectations on Thursday, April 21, 2022, with first quarter EPS of $2.57 on revenue of $5.86B. Investing.com analysts expected EPS of $2.56 on revenue of $5.71B
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