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Sep 30, 2022
Eaton Q3 2022 Earnings Report
Eaton's Q3 2022 earnings were announced, featuring record adjusted EPS and segment margins, and strong organic sales growth.
Key Takeaways
Eaton reported a strong third quarter with record adjusted earnings per share of $2.02, up 15% over 2021, and record quarterly segment margins of 21.2%. Organic sales grew by 15%, and the company reaffirmed its full-year adjusted EPS guidance midpoint of $7.56.
Earnings per share were $1.52.
Record quarterly adjusted earnings per share of $2.02, up 15% over 2021.
Record quarterly segment margins of 21.2%, above the high end of guidance and 130 basis points above the third quarter of 2021.
Organic sales growth of 15%.
Eaton
Eaton
Eaton Revenue by Segment
Forward Guidance
The company anticipates organic growth of 13-15% and adjusted earnings per share of between $2.00 and $2.10 for the fourth quarter of 2022.
Positive Outlook
- Anticipates organic growth of 13-15% for Q4 2022
Revenue & Expenses
Visualization of income flow from segment revenue to net income