Eaton Corporation plc (ETN), with a market capitalization of approximately $158.8 billion, is a global power management company operating in more than 160 countries. Based in Dublin, Ireland, the company manufactures electrical, aerospace, hydraulic, and vehicle products and provides related services that help businesses manage power more safely, efficiently, reliably, and sustainably across critical industries and infrastructure.
ETN is set to report its Q3 earnings shortly. Ahead of the release, analysts expect the company to report diluted EPS of $3.53, up 15% from $3.07 in the year-ago quarter. Additionally, ETN has met or exceeded Wall Street’s EPS estimates in each of the past four quarters.