Eaton said net sales for Q3 2024 were $6,345 million, diluted earnings per share were $2.53, and adjusted earnings per share were $2.84 (Q3 2023 $2.47).

1. 01

   Eaton said net sales for Q3 2024 were $6,345 million, diluted earnings per share were $2.53, and adjusted earnings per share were $2.84 (Q3 2023 $2.47).

2. 02

   The company said segment margins for Q3 were 24.3%, up 70 basis points from Q3 2023. Sales for the Electrical Americas segment were $3.0 billion, and operating profit was $892 million.

3. 03

   The company reported operating cash flow of $1,308 million and free cash flow of $1,126 million for Q3 2024, with free cash flow calculated after deducting capital expenditures for property, plant and equipment of $183 million.

4. 04

   The company raised its full-year 2024 segment margin outlook to 23.3-23.7% from 23.5-23.9% and set diluted earnings per share guidance at $9.47 to $9.53 and adjusted earnings per share guidance at $10.75 to $10.81.

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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