The company said sales for Q4 2023 were $6.0 billion, up 11% from Q4 2022, with diluted earnings per share of $2.35 and adjusted earnings per share of $2.55.

1. 01

   The company said sales for Q4 2023 were $6.0 billion, up 11% from Q4 2022, with diluted earnings per share of $2.35 and adjusted earnings per share of $2.55.

2. 02

   The company said full-year 2023 sales were $23.2 billion, up 12% from 2022, with diluted earnings per share of $8.02 and adjusted earnings per share of $9.12. Operating cash flow was $3.6 billion and free cash flow was $2.9 billion.

3. 03

   Eaton said it expects organic growth of 6.5 to 8.5% for full-year 2024 and adjusted earnings per share of $9.95 to $10.35. For Q1 2024, the company expects organic growth of 6 to 8% and adjusted earnings per share of $2.21 to $2.31.

4. 04

   The company announced a new multi-year restructuring program on February 1, 2024. It expects the program to be completed in 2026, with total estimated charges of $375 million and mature year benefits of $325 million once fully implemented.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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