Eaton falls as Q3 revenue misses estimates

Eaton

04/11/2025 12:43

** Shares of power management company Eaton Corp ETN.N fall nearly 4% to about $372 premarket

** ETN misses Q3 revenue estimates, hurt by poor performance in its vehicle and e-mobility segments

** Co's quarterly sales in its e-mobility segment fell 19% to $136 mln

** Posts Q3 revenue of $6.99 bln, below analysts' avg. estimate of $7.08 bln

** However, co posts Q3 adj profit of $3.07/shr, above Wall Street's estimate of $3.05/shr - data compiled by LSEG

** As of last close, shares up 16.5% YTD

 (Reporting by Megavarshini G. Somasundaram in Bengaluru)

 ((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))