Eaton posts $31M profit for Q2, beats expectations

07/21/2009 | Forbes · MarketWatch

Eaton Corp. posted net earnings of $31 million for the second quarter, compared with $337 million for the same quarter last year. However, earnings of 17 cents per share exceeded analysts' estimates of 14 cents per share. Eaton also announced that the manufacturer will preserve its $2 annual dividend, and shares rose 8% in afternoon trading on Monday.

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Forbes · MarketWatch

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