Eaton – Eaton Reports Record First Quarter 2024 Results, with Strong Orders and Backlog Growth

Eaton

  • First quarter earnings per share of $2.04 and adjusted earnings per share of $2.40, both up 28% over 2023 and first quarter records
  • First quarter record segment margins of 23.1%, 340 basis points above the first quarter of 2023
  • 8% organic sales growth, at the high end of guidance, and strong backlog growth of 27% in Electrical and 11% in Aerospace