U.S. Stocks on the Move | Eaton (ETN.US) Surges Over 7% as Q3 Results Beat Expectations

Zhitong Finance APP has learned that on Tuesday, Eaton (ETN.US) rose more than 7% to $393.72. On the news front, on November 3, intelligent power management company Eaton released its third-quarter 2026 results. Third-quarter sales reached a record high of $8.947 billion (estimated at $8.506 billion), up 28% year over year, including organic growth of 19%. Adjusted earnings per share set a record at $3.68, up from $3.07 previously; diluted earnings per share were $2.77. Driven by sales growth and capacity investments, margins across business segments rose to a record 25.3%, exceeding the expected guidance. Operating cash flow was $1.31 billion, and free cash flow was $1.03 billion.