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Eaton Corp PLC

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  • Feb 3- U.S. diversified manufacturer Eaton Corp Plc posted higher-than-expected quarterly profit on Tuesday helped by higher margins, sending its shares up more than 8 percent. Eaton's fourth-quarter net profit attributable to shareholders leapt 21 percent to $581 million, or $1.23 a share, from a year earlier. Excluding items, operating earnings of $1.27 per...

  • Feb 3- Eaton Corp Plc, a maker of electrical and hydraulics systems, said Tuesday lower costs helped its quarterly profit beat estimates, sending its shares up 8 percent in morning trading. Net profit attributable to shareholders leapt 21 percent to $581 million, or $1.23 a share, from a year earlier. Excluding items, operating earnings of $1.27 per share topped...

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  • UPDATE 1-Eaton profit rises 21 pct on lower costs Tuesday, 3 Feb 2015 | 7:09 AM ET

    Feb 3- Eaton Corp Plc, a maker of electrical and hydraulics systems, reported a 21 percent rise in quarterly profit, helped by lower costs. Lower costs have held up Eaton's profitability in the past two quarters as sales were hit by weak demand in markets outside North America as well as a stronger dollar, which has risen about 19 percent since July against a basket of...

  • Eaton profit rises 21 pct on lower costs Tuesday, 3 Feb 2015 | 6:42 AM ET

    Feb 3- Eaton Corp Plc, a maker of electrical and hydraulics systems, reported a 21 percent rise in quarterly profit, helped by lower costs. Net profit attributable to shareholders rose to $581 million, or $1.23 per share, in the fourth quarter ended Dec. 31 from $479 million, or $1.00 per share, a year earlier. Revenue rose 0.7 percent to $5.57 billion.

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  • However, the company narrowed its full-year profit forecast to $4.55- $4.65 per share from $4.50- $4.70 per share earlier, citing slower growth outside North America. "Reflecting the continued slower growth in our markets outside North America, we now estimate our markets in 2014 are likely to grow 2 percent, down from our prior estimate of 3 percent," Chief...

  • Eaton Corp's quarterly profit rises 18 pct Wednesday, 29 Oct 2014 | 6:45 AM ET

    Oct 29- Eaton Corp Plc, a maker of electrical and hydraulics systems, reported an 18 percent rise in quarterly profit, helped by higher sales at its electrical products business. The net profit attributable to shareholders rose to $602 million, or $1.26 per share, for the third quarter ended Sept. 30 from $510 million, or $1.07 cents per share, a year earlier.

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