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Benzinga
Benzinga
Business
Dylan Berman

Eaton Stock Is Trading Lower Tuesday: What's Going On?

Eaton ETN
Burlington,,On,,Canada,-,November,8,,2020:,Eaton,Company,Sign

Eaton Corporation (NYSE:ETN) shares are trading lower Tuesday after the company issued soft third quarter and fiscal year 2025 earnings per share and adjusted earnings per share guidance.

What To Know: For the third quarter, the company sees adjusted earnings per share from $3.01 to $3.07, versus the consensus estimate of $3.09. In addition, it sees GAAP earnings per share from $2.58 to $2.64, versus the consensus estimate of $2.89.

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