Monday, February 2, 2015

What to Expect When Eaton (ETN) Reports Earnings Results Tomorrow

NEW YORK (TheStreet) -- Power management company Eaton Corp. is scheduled to release its 2014 fourth-quarter earnings results before the market open on Tuesday morning. Analysts are expecting Eaton to post a year-over-year increase in earnings per share and revenue for the most recent quarter. Eaton has been forecast to report earnings of $1.20 per share on revenue of $5.59 billion for the 2014 fourth quarter. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. For the same period in 2013 Eaton said its operating earnings were $1.08 per share on sales of $5.5 billion. Shares of Eaton are higher by 1.60% to $64.10 in mid-afternoon trading on Monday. Separately, TheStreet Ratings team rates EATON CORP PLC as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation: "We rate EATON CORP PLC (ETN) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow." Highlights from the analysis by TheStreet Ratings Team goes as follows: ETN's revenue growth has slightly outpaced the industry average of 5.4%. Since the same quarter one year prior, revenues slightly increased by 2.1%. Growth in the company's revenue appears to have helped boost the earnings per share. EATON CORP PLC has improved earnings per share by 17.8% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. During the past fiscal year, EATON CORP PLC increased its bottom line by earning $3.90 versus $3.51 in the prior year. This year, the market expects an improvement in earnings ($4.60 versus $3.90). The net income growth from the same quarter one year ago has exceeded that of the S&P 500 and greatly outperformed compared to the Electrical Equipment industry average. The net income increased by 18.0% when compared to the same quarter one year prior, going from $510.00 million to $602.00 million. 35.89% is the gross profit margin for EATON CORP PLC which we consider to be strong. It has increased from the same quarter the previous year. Along with this, the net profit margin of 10.50% is above that of the industry average. You can view the full analysis from the report here: ETN Ratings Report STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.


Click to view a price quote on ETN. Click to research the Electronics industry.





from Latest TSC Headlines http://ift.tt/1BPUSyb

No comments:

Post a Comment