ETN · Analysis updated Nov 3, 2026, 10:35 AM ET
Why is Eaton Corporation plc (ETN) stock moving?
Eaton supplies the electrical gear that powers and protects data centers, utilities and buildings. Third-quarter sales hit a record $8.9 billion (+28%), profit per share was a record $3.68, and orders and backlog surged. It raised its full-year outlook. The stock rose about 7% to around $392.
News behind the analysis
- Eaton Reports Record Third Quarter 2026 Results, with Strong Organic Growth, Accelerating Record Orders and Backlog; Raises Organic Growth GuidanceCompany release: sales $8.9B (+28%), adjusted EPS $3.68, 2026 adjusted EPS guide $13.70-13.80, COL Group acquisition.
- Eaton (NYSE:ETN) Q3 Beat and Record Backlog Fuel Relief Rally After Recent SlideRevenue $8.947B vs $8.591B expected; adjusted EPS $3.68 vs $3.579; organic growth outlook 13-15%.
- Eaton Corp PLC Reports Q3 2026 Earnings: GAAP EPS of $2.77 Misses Estimates, Record Revenue at $8.95 Billion Exceeds ExpectationsBook-to-bill about 1.2 in Electrical and Aerospace; Electrical Global sales +58%; COL Group for €810M.
- Tech Up Early Despite Apple's Drop on Election DayBloom Energy up on a Barclays upgrade to Overweight; chip and AI-related stocks stronger early.
In the Daily Standout
- November 3, 2026: on the shortlist +7.15%