Eaton Notches Record Quarterly Segment Margins of 21.2%
Diversified supplier Eaton Corp. reported lower net income and higher revenue in the third quarter as it notched record quarterly segment margins of 21.2% — above the high end of guidance and 1.3% above the same quarter in 2021.
Eaton Q2 Income Up; Revenue Flat
Eaton Corp. reported second-quarter net income rose and revenue was flat while segment margins were 20.1%, a quarterly record and above the high end of the guidance.
Eaton Posts Record Segment Margins in Q1
Power management company Eaton Corp. reported first-quarter net income and revenue rose, and it reached record Q1 segment margins, or the amount of profit or loss produced by one component of a business.
Eaton’s Vehicle Group Forms ePowertrain Business Unit
Power management company Eaton announced its Vehicle Group formed a new ePowertrain business unit, which will focus on products from Eaton’s electrified vehicle transmission, reduction gearing and differential portfolios.
February 22, 2022Eaton Reports Increases in Net Income, Revenue
Power management company Eaton Corp. reported higher net income and modest revenue gains in the fourth quarter, noting that revenue in its vehicle segment dipped but inched up in eMobility — its two smallest segments.
Eaton, Shell Step Up EV Charging Infrastructure Efforts
Eaton Corp. and Shell Electric Mobility separately announced charging initiatives intended to accelerate the market for zero-emission electric trucks.
Eaton Notches Records in Strong Q3 Period
Power management company Eaton Corp. grew net income and revenue in the third quarter as adjusted earnings per share reached an all-time record along with segment margins.
Eaton Develops 48-Volt Systems to Cut Emissions, Raise Fuel Efficiency
Eaton Corp. announced a series of 48-volt technologies to assist its global on- and off-highway commercial vehicle customers transitioning from traditional 12- and 24-volt vehicle systems to improve fuel efficiency and reduce emissions.
Eaton Profits, Revenue Soar in Q2
Eaton Corp. reported second-quarter net income and revenue surged while segments margins set a record for the quarter.
Eaton Reports Higher Q4 Net Income
Power management company Eaton Corp. reported higher fourth-quarter net income and a decline in revenue.