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 $1.87 on revenue of $5.21B. Analysts polled by Investing.com forecast EPS of $1.81 on revenue of $5.17B. .
For the year, Eaton shares are down 14.65%, under-performing the S&P 500 which is down 13.59% year to date.
Eaton follows other major Industrials sector earnings this month
On Tuesday, July 26, 2022, United Parcel Service reported second quarter EPS of $3.29 on revenue of $24.77B, compared to forecasts of EPS of $3.16 on revenue of $24.65B.
Union Pacific earnings beat analyst's expectations on Thursday, July 21, 2022, with second quarter EPS of $2.93 on revenue of $6.27B. Investing.com analysts expected EPS of $2.84 on revenue of $6.12B
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