Eaton Earnings Preview

Published on Wednesday, 25 January 2012 11:28 Written by Gerard Lerod

New York, January 25th (TradersHuddle.com) - Shares of Eaton Corporation (NYSE:ETN) are trading lower by -0.35% ahead of its quarterly earnings release. Eaton, the diversified power management company is expected to release its quarterly results on January 26^th.

Wall Street Analysts consensus calls for a profit of $1.11 a share on $4.16 billion revenue.

Eaton estimates have a range of $0.13 a share. The high estimate calls for profit of $1.15 a share and the low estimate is calling for a profit of $1.02 a share, a year ago for the quarter the company reported $0.85 a share.

Eaton Corporation (NYSE:ETN) is a diversified power management company and a global technology leader in electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety.

Other companies on the watch on this earnings event are Parker Hannifin Corporation NYSE:PH and ITT Corporation NYSE:ITT.