Eaton Analyst Sees Strong Orders, Raises 2027 EPS Forecast

Eaton Corporation (NYSE:ETN) CEO Paulo Ruiz said in a conference on September 16 that the company had a very strong July and August and expects third-quarter results toward the high end of its guidance. Bank of America Securities analyst Andrew Obin expects Eaton to meet elevated expectations as electrical demand remains strong, with channel checks showing good visibility and pricing in U.S. electrical markets, supported by data centers and utilities. Read Also: Eaton Adds European Power Capacit