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%.
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.
Visualization of income flow from segment revenue to net income