/Eaton%20Corporation%20plc%20logo%20on%20building-by%20JHVEPhoto%20via%20Shutterstock.jpg)
Eaton Corporation plc (ETN), headquartered in Dublin, Ireland, is a global power management company that manufactures engineered products for the industrial, vehicle, construction, commercial, and aerospace markets. Valued at $146.1 billion by market cap, the company provides electrical components, hydraulic systems, aerospace products, vehicle components such as transmissions and hybrid power systems, and electric vehicle solutions. The power management giant is expected to announce its fiscal third-quarter earnings for 2025 in the near term.
Ahead of the event, analysts expect ETN to report a profit of $3.06 per share on a diluted basis, up 7.8% from $2.84 per share in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimates in its last four quarterly reports.
For the full year, analysts expect ETN to report EPS of $12.09, up 11.9% from $10.80 in fiscal 2024. Its EPS is expected to rise 14.8% year over year to $13.88 in fiscal 2026.
ETN stock has underperformed the S&P 500 Index’s ($SPX) 13.4% gains over the past 52 weeks, with shares up 8.3% during this period. Similarly, it underperformed the Industrial Select Sector SPDR Fund’s (XLI) 10.1% gains over the same time frame.
On Aug. 5, ETN shares closed down more than 7% after reporting its Q2 results. Its adjusted EPS of $2.95 surpassed Wall Street expectations of $2.92. The company’s revenue was $7.03 billion, exceeding Wall Street's $6.93 billion forecast. The company expects full-year adjusted EPS in the range of $11.97 to $12.17.
Analysts’ consensus opinion on ETN stock is reasonably bullish, with a “Moderate Buy” rating overall. Out of 24 analysts covering the stock, 15 advise a “Strong Buy” rating, two suggest a “Moderate Buy,” and seven give a “Hold.” ETN’s average analyst price target is $399.43, indicating a potential upside of 6.7% from the current levels.
