Eaton Corporation plc reported earnings per share of $1.57 for the third quarter of 2021. Adjusted earnings per share were an all-time record of $1.75, up 30% over the third quarter of 2020. Sales in the third quarter of 2021 were $4.9 billion, up 9% from the third quarter of 2020.
All-Time Record Quarterly Adjusted Earnings Per Share of $1.75, Up 30% Over the Third Quarter of 2020
All-Time Record Segment Margins of 19.9%, 230 Basis Points Above the Third Quarter of 2020
Sales in the third quarter of 2021 were $4.9 billion, up 9% from the third quarter of 2020.
The twelve-month rolling average of orders in the third quarter was up 17%, driven by data center, residential and utility markets.
For the fourth quarter of 2021, the company anticipates adjusted earnings per share to be between $1.68 and $1.78.
Visualization of income flow from segment revenue to net income