Eaton Corp PLC
ETN: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|B% | LOCK|xP | LOCK|b%$F>R# |
Eaton Earnings: Electrical and Aerospace Growth Insufficient to Support Overheated Valuation
Eaton reported first-quarter organic sales growth of 10% year over year driven by its Electrical Americas segment. Eaton also completed its Boyd Thermal acquisition in March. Shares traded down May 5 on mixed earnings per share guidance.
