BUZZ-Eaton Corp falls after FY EPS, margin outlook cut

Reuters
05-02
BUZZ-Eaton Corp falls after FY EPS, margin outlook cut

** Shares of power management company Eaton Corp ETN.N drop ~5% to $286.97 in premarket trading

** Co trims 2025 EPS view to between $10.29 and $10.69, from prior range of $10.60 and $11.00

** Also slashes FY segment margin outlook to between 24.0% and 24.4% from 24.4% and 24.8%

** Outlook cut assumes the impact of tariffs on steel and aluminium imports, reciprocal tariffs of 125% on China and baseline levies of 10% on the rest of the world

** Q1 EPS of $2.45 misses analysts' view of $2.51, per LSEG data

** Stock down 9% so far this year, as of last close

(Reporting by Sameer Manekar in Bengaluru)

((Sameer.Manekar@thomsonreuters.com;))

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