Stock Track | Eaton Corp PLC Plunges 5.69% in Pre-Market Despite Earnings Beat as Sales Miss and Guidance Disappoint

Stock Track02-03 19:38

Eaton Corp PLC's stock experienced a significant pre-market decline of 5.69% following the release of its fourth-quarter earnings report and 2026 guidance.

The company reported adjusted earnings per share of $3.33 for Q4, beating analyst estimates of $3.29, representing a 17.67% increase from the same period last year. However, quarterly sales of $7.055 billion fell short of the $7.099 billion consensus estimate, marking a 0.62% miss despite a 13.06% year-over-year increase.

Investors reacted negatively to the mixed results and the company's forward-looking statements. Eaton provided guidance for Q1 2026 with EPS expected between $2.29 and $2.49, and full-year EPS projected between $11.57 and $12.07. The company also announced several corporate developments including a multi-year restructuring program, the anticipated acquisition of Boyd Thermal, and plans to pursue a separation of its Mobility business, creating uncertainty about future performance.

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