Eaton Corp. posts $315M profit for Q3, lowers Q4 forecast

10/21/2008 | Herald-Tribune (Sarasota, Fla.) · Reuters · Forbes

Eaton Corp. posted $315 million in profit for the third quarter, a 22% jump compared with the same period last year. Much of the revenue growth was attributed to acquisitions. However, the diversified manufacturer did lower profit guidance for the fourth quarter because of the economy. Cleveland-based Eaton makes hydraulics for drivetrain systems and other industrial parts and systems.

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Herald-Tribune (Sarasota, Fla.) · Reuters · Forbes

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