Eaton Corporation (ETN) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $3.68
- Estimate
- $3.55
- Surprise
- +3.7%
- Revenue (period 2026-09-30)
- $8.95B
- Score today
- 4.8/10
Revenue source: xbrl.
How the report landed
Eaton Corporation (ETN) beat the $3.55 estimate with adjusted EPS of $3.68 — a clear 3.7% upside surprise.
Coverage in the report window
- Amazon, Pfizer, Eaton And A Financial Stock On CNBC’s ‘Final Trades’ — benzinga, 2026-11-04
- CNBC Halftime Report Final Trades: BlackRock, Eaton, Pfizer, Amazon — benzinga, 2026-11-03
Where TrendMatrix's rating stands now
TrendMatrix currently rates ETN Sell at 4.8/10; no pre/post engine snapshot brackets this report.
4 of the last 4 quarters beat the estimate; this quarter's +3.7% surprise compares with a +2.3% four-quarter average.
What supports the rating
- Strong earnings beat streak (4/4)
What argues against it
- Sector modifier (Industrials): -0.7
- Leverage penalty (D/E 1.1): -0.5
- Weak overall score: 4.8/10
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $391.70
- Price target
- $436.92
- Stop
- $364.28
- Upside to target
- +11.5%
- Reward-to-risk
- 1.3:1
The stock trades at 39.1× trailing but 24.0× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-11-04 — shown for context, not personalized investment advice.
ETN at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Specialty Industrial Machinery
- Market cap
- $152.10B
- P/E (fwd)
- 24.0
- P/E (ttm)
- 39.1
- 52-week range
- $311.92–$478.00
- Off 52-week high
- 18.1%
- RSI (14)
- 44
- Volume vs avg
- 1.22×
- Score today
- 4.8/10