Eaton Corp PLC shares surged 5.97% in pre-market trading on Friday, after the company reported second-quarter results that exceeded analyst expectations and issued an upbeat full-year forecast.
The electrical equipment maker posted adjusted earnings per share of $3.15, beating the IBES estimate of $3.07. Quarterly sales came in at $8,531 million, surpassing the consensus estimate of $8,133 million. Organic growth for the quarter reached 14%. Looking ahead, Eaton projected full-year adjusted EPS in the range of $13.40 to $13.60, above the analyst estimate of $13.20, and guided for organic growth of 11% to 13%.
The strong results and guidance also fueled renewed optimism about the company's positioning in AI-driven infrastructure, particularly in power management and advanced cooling systems, where demand is expected to rise.