Tag: $Eaton Corporation PLC

Eaton reported third-quarter earnings of $3.68 a share on sales of $8.9 billion, beating Wall Street expectations. The company expects fourth-quarter organic sales growth of 13% to 15% and earnings per share of about $4.10.

Electrical equipment maker Eaton delivered better-than-expected third-quarter earnings that landed with a thud. Shares were lower to start Tuesday trading.

Eaton (ETN.N), will acquire Boyd Corporation’s thermal business from Goldman Sachs Asset Management for $9.5 billion, the fourth deal this year for the power management firm that’s seeking to bolster its data center segment to cater to AI demand surge.