Monday, July 16, 2007

Eaton earnings top forecasts

(Reuters) - On an operating basis, second-quarter earnings rose to $1.70 a share from $1.68 a year earlier. Analysts, on average, had forecast $1.47, according to Reuters Estimates.



In April, Eaton, whose products range from electrical power distribution and control equipment to engine parts and hydraulic and fluid power systems, forecast operating earnings of $1.40 to $1.50 a share.


Read more at Reuters.com Market News

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