tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Eaton raises 2023 adjusted EPS view to $8.65-$8.85 from $8.30-$8.50

Consensus for 2023 EPS is $8.45. CEO Craig Arnold said, “Achieving quarterly record adjusted earnings marked the end of a very strong first half of the year. Demand across our markets continues to be strong, propelling backlogs to record levels. We’re confident we can achieve our increased guidance for the year and that we remain well positioned to capitalize on reindustrialization in North America and Europe as well as the secular growth drivers of electrification, energy transition and digitalization.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See today’s best-performing stocks on TipRanks >>

Read More on ETN:

Disclaimer & DisclosureReport an Issue

1