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31.07.26 - 13:30
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ROUNDUP: Eaton Boosts FY26 Outlook; Stock Up 5.4% (AFX)
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DUBLIN (dpa-AFX) - While reporting its financial results for the second quarter on Friday, power management company Eaton Corp plc (ETN) provided financial guidance for the third quarter and raise......
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31.07.26 - 13:01
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Eaton Corporation Plc Reports Fall In Q2 Profit (AFX)
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DUBLIN (dpa-AFX) - Eaton Corporation plc (ETN) revealed earnings for second quarter that Drops, from last yearThe company's bottom line totaled $821 million, or $2.11 per share. This compares with......
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31.07.26 - 12:33
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Eaton Reports Record Second Quarter 2026 Results, with Strong Organic Growth, Accelerating Orders and Backlog, and Raises Organic Growth Guidance (Business Wire)
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Second quarter sales were up 21%, with organic sales growth of 14%, above the high end of guidance
Twelve-month rolling average orders up 41% in Electrical Americas, with Electrical Global up 33% and Aerospace up 17%, driven by broad end-market strength
Strong year-over-year total backlog growth of 43% in Electrical sector and 28% in Aerospace segment
Second quarter segment margins of 23.1%, above the high end of guidance, with Electrical Americas margins improving 190 basis points sequentially
Announced agreement to separate Mobility business through a Reverse Morris Trust transaction, expected to close in the first quarter of 2027 and be accretive to organic growth and margins upon closing
Guidance for full year 2026 earnings per share expected to be between $10.36 and $10.56, up 0.1% at the midpoint over 2025, and raised adjusted earnings per share expected to be between $13.40 and $13.60, up 12% at the midpoint over 2025
DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton Corporatio...
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29.07.26 - 13:06
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Bain Capital and Tillman Global Holdings Announce $1.5 Billion Investment in Eaton Fiber to Power the Expansion of Verizon Fiber Broadband across the United States (Business Wire)
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Supported by the acquisition of Ripple Fiber, Eaton Fiber will bring Verizon fiber broadband to over a million locations outside Verizon's current fiber footprint over the next few yearsBOSTON & NEW YORK--(BUSINESS WIRE)--Bain Capital and Tillman Global Holdings (“Tillman”) today announced a $1.5 billion investment in Eaton Fiber, an affiliate of Tillman, to accelerate the expansion of Verizon fiber broadband through fiber network deployment across the United States. The investment, which was led by Bain Capital's Special Situations team, fully funds the acquisition of Ripple Fiber and the next phase of Eaton Fiber's network expansion.
In connection with the investment, Eaton Fiber has entered into a definitive agreement to acquire Ripple Fiber, a leading 100% fiber-optic internet provider and network operator. The acquisition is the first step in Eaton Fiber's buy-and-build strategy to bring Verizon fiber broadband to over a million locations outside Verizon's current fiber footprint through org...
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