Investing.com - Eaton (NYSE:ETN) reported second quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.72 on revenue of $5.22B. Analysts polled by Investing.com expected EPS of $1.57 on revenue of $5.02B. .
For the year, Eaton shares are down 10%, under-performing the S&P 500 which is up 16.8% year to date.
Eaton follows other major Industrials sector earnings this month
On Tuesday, July 27, 2021, United Parcel Service reported second quarter EPS of $3.06 on revenue of $23.42B, compared to forecasts of EPS of $2.81 on revenue of $23.19B.
Honeywell earnings beat analyst's expectations on Friday, July 23, 2021, with second quarter EPS of $2.02 on revenue of $8.81B. Investing.com analysts expected EPS of $1.94 on revenue of $8.64B
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