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Eaton Corporation plc (ETN), headquartered in Dublin, Ireland, is a global power management company, manufacturing engineered products for the industrial, vehicle, construction, commercial, and aerospace markets. Valued at $134.4 billion by market cap, the company provides electrical components, hydraulic systems, aerospace products, vehicle components like transmissions and hybrid power systems as well as electric vehicle solutions such as high-voltage inverters and converters. The power management giant is expected to announce its fiscal fourth-quarter earnings for 2024 on Thursday, Feb. 6.
Ahead of the event, analysts expect ETN to report a profit of $2.82 per share on a diluted basis, up 10.6% from $2.55 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.