Eaton PLC Earnings Estimate

ETN Stock  USD 346.28  1.09  0.32%   
The next projected EPS of Eaton PLC is estimated to be 2.6961 with future projections ranging from a low of 2.685 to a high of 2.7125. Eaton PLC's most recent 12-month trailing earnings per share (EPS TTM) is at 9.39. Please be aware that the consensus of earnings estimates for Eaton PLC is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
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Eaton PLC is projected to generate 2.6961 in earnings per share on the 31st of December 2024. Eaton PLC earnings estimates show analyst consensus about projected Eaton PLC EPS (Earning Per Share). It derives the highest and the lowest estimates based on Eaton PLC's historical volatility. Many public companies, such as Eaton PLC, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Eaton PLC Revenue Breakdown by Earning Segment

By analyzing Eaton PLC's earnings estimates, investors can diagnose different trends across Eaton PLC's analyst sentiment over time as well as compare current estimates against different timeframes. At this time, Eaton PLC's Gross Profit is very stable compared to the past year. As of the 18th of January 2025, Pretax Profit Margin is likely to grow to 0.16, while Gross Profit Margin is likely to drop 0.24.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.

Eaton PLC Earnings Estimation Breakdown

The calculation of Eaton PLC's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Eaton PLC is estimated to be 2.6961 with the future projection ranging from a low of 2.685 to a high of 2.7125. Please be aware that this consensus of annual earnings estimates for Eaton PLC is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
2.84
2.69
Lowest
Expected EPS
2.6961
2.71
Highest

Eaton PLC Earnings Projection Consensus

Suppose the current estimates of Eaton PLC's value are higher than the current market price of the Eaton PLC stock. In this case, investors may conclude that Eaton PLC is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Eaton PLC's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of December 2024Current EPS (TTM)
3096.77%
2.84
2.6961
9.39

Eaton PLC Earnings History

Earnings estimate consensus by Eaton PLC analysts from Wall Street is used by the market to judge Eaton PLC's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Eaton PLC's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Eaton PLC Quarterly Gross Profit

2.45 Billion

At this time, Eaton PLC's Retained Earnings are very stable compared to the past year. As of the 18th of January 2025, Price Earnings Ratio is likely to grow to 28.22, while Retained Earnings Total Equity is likely to drop about 8.2 B. As of the 18th of January 2025, Common Stock Shares Outstanding is likely to drop to about 382.9 M. In addition to that, Net Income Applicable To Common Shares is likely to drop to about 1.5 B.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Eaton PLC's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
344.70346.24347.78
Details
Intrinsic
Valuation
LowRealHigh
313.82315.36380.91
Details
30 Analysts
Consensus
LowTargetHigh
347.07381.39423.35
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Eaton assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Eaton PLC. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Eaton PLC's stock price in the short term.

Eaton PLC Earnings per Share Projection vs Actual

Actual Earning per Share of Eaton PLC refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Eaton PLC predict the company's earnings will be in the future. The higher the earnings per share of Eaton PLC, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Eaton PLC Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Eaton PLC, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Eaton PLC should always be considered in relation to other companies to make a more educated investment decision.

Eaton Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Eaton PLC's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-10-31
2024-09-302.82.840.04
2024-08-01
2024-06-302.612.730.12
2024-04-30
2024-03-312.292.40.11
2024-02-01
2023-12-312.472.550.08
2023-10-31
2023-09-302.342.470.13
2023-08-01
2023-06-302.112.210.1
2023-05-02
2023-03-311.781.880.1
2023-02-08
2022-12-312.052.060.01
2022-11-01
2022-09-302.012.020.01
2022-08-02
2022-06-301.821.870.05
2022-05-03
2022-03-311.61.620.02
2022-02-04
2021-12-311.711.720.01
2021-11-02
2021-09-301.731.750.02
2021-08-03
2021-06-301.571.720.15
2021-05-04
2021-03-311.231.440.2117 
2021-02-02
2020-12-311.21.280.08
2020-11-03
2020-09-301.041.180.1413 
2020-07-29
2020-06-300.530.70.1732 
2020-04-30
2020-03-311.071.090.02
2020-02-04
2019-12-311.411.37-0.04
2019-10-29
2019-09-301.511.520.01
2019-07-30
2019-06-301.511.530.02
2019-04-30
2019-03-311.241.260.02
2019-01-31
2018-12-311.431.460.03
2018-10-30
2018-09-301.431.430.0
2018-07-31
2018-06-301.331.390.06
2018-05-01
2018-03-311.071.10.03
2018-02-01
2017-12-311.211.290.08
2017-10-31
2017-09-301.251.250.0
2017-08-01
2017-06-301.161.15-0.01
2017-05-02
2017-03-310.880.960.08
2017-02-02
2016-12-311.11.120.02
2016-11-01
2016-09-301.151.150.0
2016-08-02
2016-06-301.071.070.0
2016-04-29
2016-03-310.850.880.03
2016-02-03
2015-12-311.11.170.07
2015-10-30
2015-09-3010.97-0.03
2015-07-29
2015-06-301.131.160.03
2015-04-29
2015-03-310.981.010.03
2015-02-03
2014-12-311.21.270.07
2014-10-29
2014-09-301.231.290.06
2014-07-29
2014-06-301.131.11-0.02
2014-04-29
2014-03-3111.010.01
2014-02-04
2013-12-311.061.080.02
2013-10-25
2013-09-301.121.120.0
2013-08-02
2013-06-301.111.09-0.02
2013-04-29
2013-03-310.790.840.05
2013-02-05
2012-12-310.930.82-0.1111 
2012-10-31
2012-09-301.091.07-0.02
2012-07-23
2012-06-301.091.150.06
2012-04-23
2012-03-310.90.920.02
2012-01-26
2011-12-311.111.08-0.03
2011-10-24
2011-09-301.081.080.0
2011-07-25
2011-06-300.950.970.02
2011-04-20
2011-03-310.80.840.04
2011-01-27
2010-12-310.840.850.01
2010-10-20
2010-09-300.690.80.1115 
2010-07-21
2010-06-300.590.680.0915 
2010-04-20
2010-03-310.420.480.0614 
2010-01-25
2009-12-310.620.680.06
2009-10-19
2009-09-300.460.610.1532 
2009-07-20
2009-06-300.090.120.0333 
2009-04-20
2009-03-31-0.12-0.110.01
2009-01-26
2008-12-310.520.540.02
2008-10-20
2008-09-300.940.980.04
2008-07-15
2008-06-300.971.050.08
2008-04-14
2008-03-310.830.850.02
2008-01-22
2007-12-310.860.90.04
2007-10-15
2007-09-300.840.90.06
2007-07-16
2007-06-300.730.850.1216 
2007-04-16
2007-03-310.710.810.114 
2007-01-22
2006-12-310.790.830.04
2006-10-16
2006-09-300.790.830.04
2006-07-17
2006-06-300.820.840.02
2006-04-17
2006-03-310.660.70.04
2006-01-23
2005-12-310.680.720.04
2005-10-17
2005-09-300.660.670.01
2005-07-18
2005-06-300.660.70.04
2005-04-14
2005-03-310.620.620.0
2005-01-24
2004-12-310.560.570.01
2004-10-14
2004-09-300.560.560.0
2004-07-15
2004-06-300.510.530.02
2004-04-14
2004-03-310.40.440.0410 
2004-01-21
2003-12-310.350.390.0411 
2003-10-14
2003-09-300.330.360.03
2003-07-15
2003-06-300.330.340.01
2003-04-14
2003-03-310.240.270.0312 
2003-01-21
2002-12-310.230.250.02
2002-10-14
2002-09-300.30.320.02
2002-07-15
2002-06-300.30.310.01
2002-04-15
2002-03-310.210.230.02
2002-01-22
2001-12-310.150.160.01
2001-10-15
2001-09-300.160.170.01
2001-07-16
2001-06-300.220.240.02
2001-04-16
2001-03-310.240.260.02
2001-01-22
2000-12-310.370.35-0.02
2000-10-16
2000-09-300.330.350.02
2000-07-17
2000-06-300.480.490.01
2000-04-17
2000-03-310.420.440.02
2000-01-24
1999-12-310.390.40.01
1999-10-19
1999-09-300.380.36-0.02
1999-07-19
1999-06-300.390.430.0410 
1999-04-15
1999-03-310.320.3-0.02
1999-01-20
1998-12-310.290.290.0
1998-10-13
1998-09-300.30.30.0
1998-07-14
1998-06-300.40.40.0
1998-04-15
1998-03-310.380.36-0.02
1998-01-20
1997-12-310.420.590.1740 
1997-10-13
1997-09-300.350.450.128 
1997-07-14
1997-06-300.360.410.0513 
1997-04-14
1997-03-310.30.330.0310 
1997-01-20
1996-12-310.240.290.0520 
1996-10-14
1996-09-300.280.280.0
1996-07-15
1996-06-300.320.330.01
1996-04-18
1996-03-310.320.320.0

About Eaton PLC Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Eaton PLC earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Eaton PLC estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Eaton PLC fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings11.9 B12.4 B
Retained Earnings Total Equity9.7 B8.2 B
Earnings Yield 0.04  0.04 
Price Earnings Ratio 26.88  28.22 
Price Earnings To Growth Ratio 1.13  1.19 

Pair Trading with Eaton PLC

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Eaton PLC position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Eaton PLC will appreciate offsetting losses from the drop in the long position's value.

Moving together with Eaton Stock

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Moving against Eaton Stock

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The ability to find closely correlated positions to Eaton PLC could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Eaton PLC when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Eaton PLC - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Eaton PLC to buy it.
The correlation of Eaton PLC is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Eaton PLC moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Eaton PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Eaton PLC can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Eaton PLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Eaton PLC's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Eaton Plc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Eaton Plc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Eaton PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Eaton Stock, please use our How to Invest in Eaton PLC guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Electrical Components & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Eaton PLC. If investors know Eaton will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Eaton PLC listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.14
Dividend Share
3.68
Earnings Share
9.39
Revenue Per Share
61.686
Quarterly Revenue Growth
0.079
The market value of Eaton PLC is measured differently than its book value, which is the value of Eaton that is recorded on the company's balance sheet. Investors also form their own opinion of Eaton PLC's value that differs from its market value or its book value, called intrinsic value, which is Eaton PLC's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Eaton PLC's market value can be influenced by many factors that don't directly affect Eaton PLC's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Eaton PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if Eaton PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Eaton PLC's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.