Benzinga | Jul 29, 2020 06:35AM EDT

Eaton Q2 Adj. EPS $0.70 Beats $0.53 Estimate, Sales $3.86B Beat $3.69B Estimate

Eaton (NYSE:ETN) reported quarterly earnings of $0.70 per share which beat the analyst consensus estimate of $0.53 by 32.08 percent. This is a 54.25 percent decrease over earnings of $1.53 per share from the same period last year. The company reported quarterly sales of $3.86 billion which beat the analyst consensus estimate of $3.69 billion by 4.50 percent. This is a 30.31 percent decrease over sales of $5.53 billion the same period last year.