Eaton Corp PLC
ETN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|rd | LOCK|&$ | LOCK|q%N@NY |
Eaton Earnings: Strength in Electrical and Aerospace Businesses Offset by Sluggish Automotive Demand
Eaton reported 11% sales growth year over year, but even higher growth in expenses produced flat earnings per share. Shares traded down over 7% on Aug. 5.
