Eaton 2Q Earnings Pregame Scorecard

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Having topped analysts' estimates last quarter by 2 cents per share, Eaton (NYSE:ETN) is expected to deliver its latest earnings on Monday, July 23, 2012.

Expectations

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Analysts currently expect Eaton to come in with earnings of $1.10 per share on revenues of $4.25 billion. Estimates from analysts range from $1.05 per share to $1.26 per share. Over the past two months, the average estimate has moved down from $1.13.

Stock Movement

The stock fell $3.86 per share between June 6, 2012 and June 28, 2012. Looking at change over the last three months, April 19, 2012 and July 16, 2012, the stock price fell $9.04 (-19.3%), from $46.93 to $37.89.

Company Fundamental Trends

Stock Ratings

Analysts are bullish on the stock as 12 analysts rate it as a buy and only one analyst rate it as a sell. Eaton's average analyst rating hasn't changed over the past three months.

Last Quarter's Results

In the first quarter, profit rose 8.4% to $311 million (91 cents a share) from $287 million (83 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 4.1% to $3.96 billion from $3.8 billion.

Summary

Reporting Period: 2Q

Date of Release: Monday, July 23, 2012 before market open

EPS: $1.10

Revenue Estimate: $4.25 billion

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)