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Eaton Corporation plc: Eaton Reports Strong First Quarter 2021 Results, Raises 2021 Outlook


Eaton Corporation plc: Eaton Reports Strong First Quarter 2021 Results, Raises 2021 Outlook
Eaton Reports First Quarter Earnings Per Share of $1.14, First Quarter Record Adjusted Earnings Per Share of $1.44, Up 15 Percent Over the First Quarter of 2020
First Quarter Operating Cash Flow of $260 Million; Adjusted Operating Cash Flow of $460 Million, Up 42 Percent Over the First Quarter of 2020
First Quarter Segment Margin of 17.7%, 190 Basis Points Favorable to the First Quarter of 2020 and a First Quarter Record
Raising Adjusted Earnings Per Share Guidance for 2021 to $6.10 at the Midpoint, Up 24 Percent Over 2020
Power management company Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were $1.14 for the first quarter of 2021. Excluding charges of $0.18 per share related to intangible amortization, $0.09 per share related to acquisitions and divestitures, and $0.03 per share related to a multi-year restructuring program, adjusted earning ....

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Eaton Corporation plc: Eaton Reports Fourth Quarter Earnings Per Share of $1.18


Eaton Corporation plc: Eaton Reports Fourth Quarter Earnings Per Share of $1.18
Full Year Free Cash Flow $2.6 Billion, at the Top of Guidance Range
Starting in 2021, Adjusted Earnings Per Share Will Be Revised to Add Back Amortization of Intangibles
Adjusted Earnings Per Share for 2021 Expected to be Between $5.40 and $5.80
Power management company Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were $1.18 for the fourth quarter of 2020. Excluding charges of $0.06 per share related to acquisitions and divestitures and $0.04 per share related to a multi-year restructuring program, adjusted earnings per share were $1.28.
Sales in the fourth quarter of 2020 were $4.7 billion. Organic sales were down 5 percent, and the divestitures of the Lighting and Automotive Fluid Conveyance businesses reduced sales by 8 percent, partially offset by 2 percent growth from acquisitions. ....

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