Eaton Corp falls after FY EPS, margin outlook cut

Shares of power management company Eaton Corp ETN.N fall 3% to $292.43, paring some early losses

Co trims 2025 EPS view to between $10.29 and $10.69, from prior range of $10.60 and $11.00

Also slashes FY segment margin outlook to between 24.0% and 24.4% from 24.4% and 24.8%

Outlook cut assumes the impact of tariffs on steel and aluminium imports, reciprocal tariffs of 125% on China and baseline levies of 10% on the rest of the world

Q1 EPS of $2.45 misses analysts' view of $2.51, per LSEG data

Citi says results and guidance are a mixed bag, but continues to view "ETN favorably in terms of a high level of earnings visibility into 2025"

Stock down 12% so far this year, including the day's move