Fannie Mae, Freddie Mac shares tumble after conservatorship comments
DUBLIN - Intelligent power management company Eaton Corporation plc (NYSE:ETN) reported record first quarter earnings on Friday, beating analyst estimates and raising its full-year guidance.
Eaton’s stock dipped -1.92% in premarket trading following the earnings release.
Eaton posted adjusted earnings per share of $2.72 for Q1 2025, up 13% YoY and $0.02 above the analyst consensus of $2.70. Revenue rose 7% to a quarterly record of $6.38 billion, surpassing expectations of $6.26 billion.
The company saw strong organic sales growth of 9% in the quarter, exceeding its guidance range. Segment margins expanded 80 basis points YoY to a first quarter record of 23.9%.
"We’re pleased with our performance in the quarter, which reflects our team’s high standards and focus on delivering on our commitments," said Paulo Ruiz, Eaton’s president and chief operating officer. "Demand in our end markets continues to drive strong organic growth."
For the full year 2025, Eaton now expects adjusted EPS of $11.80 to $12.20, up 11% at the midpoint compared to 2024 and above the previous analyst consensus of $12.01. The company projects organic growth of 7.5-9.5% for the year.
The Electrical Americas segment led growth with sales up 12% to $3.0 billion. Aerospace segment sales rose 12% to $979 million, with backlog up 16% YoY.
Eaton ended the quarter with a total book-to-bill ratio of 1.1 for its combined Electrical and Aerospace segments on a rolling 12-month basis, indicating continued strong demand.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.