Eaton – Eaton Reports Record Third Quarter 2024 Results, with Accelerating Orders and Continued Backlog Growth

October 31, 2024
Eaton

  • Third quarter earnings per share of $2.53, up 14% over 2023, and record quarterly adjusted earnings per share of $2.84, up 15% over 2023
  • Record segment margins of 24.3%, 70 basis points above the third quarter of 2023
  • 8% organic sales growth, including approximately 50 basis points of headwinds from Hurricane Helene and labor strikes in the aerospace industry
  • Strong backlog growth of 25% in Electrical and 14% in Aerospace
  • …