Eaton rises after forecasting 2026 profit above estimates

By Reuters News11 hours ago Updated

** Shares of power management co Eaton ETN.N rise 1% to $369.3 premarket

** Co forecasts FY profit above Wall Street estimates after reporting better-than-expected results, driven by strong demand across its Electrical Americas, Electrical Global and Aerospace businesses

** Expects FY adj. EPS to be between $13.70 and $13.80, above analysts' estimate of $13.61 - data compiled by LSEG

** Co posts Q3 adj. profit of $3.68/share, above analysts' estimates of $3.54/share

** Reports Q3 sales of $8.95 billion vs analysts' estimate of $8.51 billion

** As of last close, stock up ~15% YTD

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