Industrial stock tied to the AI boom reports strong quarter. We like it, for now

vm_adminMay 2, 2025

Eaton , a maker of power management solutions for AI data centers and other commercial markets, delivered a solid quarter on Friday that raised more questions for us than it answered. Earnings per share for the first quarter ended in March rose more than 33% from the year-ago period to $2.72, beating the LSEG compiled analyst consensus estimate by a penny. Revenue rose 7.3% to $6.38 billion, beating the LSEG compiled analyst consensus estimate of $6.26 billion. Organic sales grew 9%, far…

Article Source
https://www.cnbc.com/2025/05/02/industrial-stock-tied-to-ai-reports-strong-quarter-we-like-it-for-now-.html