How volatile has ETN's EPS been recently?

Eaton's EPS has shown a general upward trend over the recent three years, with some volatility. Here's a detailed analysis: 1. **Trend Analysis**: The EPS of Eaton has increased from $6.14 in 2022Q4 to $8.02 in 2023Q4, and then to $9.5 in 2024Q4. This indicates a general upward trajectory in the company's earnings. |code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code| |---|---|---|---|---|---|---| |ETN|ETN.N|Eaton|2022 Q1|16.666666666666682|1.33|169| |ETN|ETN.N|Eaton|2022 Q2|19.047619047619047|1.5|169| |ETN|ETN.N|Eaton|2022 Q3|-3.184713375796181|1.52|169| |ETN|ETN.N|Eaton|2023 Q1|19.548872180451127|1.59|169| |ETN|ETN.N|Eaton|2023 Q2|24.000000000000007|1.86|169| |ETN|ETN.N|Eaton|2023 Q3|46.05263157894738|2.22|169| |ETN|ETN.N|Eaton|2023 Q4||2.35|169| |ETN|ETN.N|Eaton|2024 Q1|28.301886792452823|2.04|169| |ETN|ETN.N|Eaton|2024 Q2|33.33333333333333|2.48|169| |ETN|ETN.N|Eaton|2024 Q3|13.963963963963947|2.53|169| 2. **Volatility Assessment**: Despite the overall upward trend, there are fluctuations. For instance, the EPS in 2023Q4 was $8.02, which was a significant increase from the $6.14 in 2022Q4. However, the jump from $8.02 in 2023Q4 to $9.5 in 2024Q4 was less pronounced compared to the previous increment. 3. **Market Performance**: Eaton's stock has experienced varying degrees of volatility in the broader market. For example, the stock underperformed the S&P 500's 0.33% loss on a day when it closed -1.62%. Conversely, on another day, the stock outpaced the S&P 500's 0.64% gain, moving +1.23%. 4. **Analyst Projections**: Analysts project an EPS of $2.70 for the upcoming quarter, which represents a 12.5% increase from the same quarter of the previous year. This suggests that despite past volatility, analysts are optimistic about Eaton's future earnings potential. 5. **Sector Comparison**: Eaton's EPS volatility may be influenced by the Industrial Products sector's performance. For example, the sector lost 2.56% in the past month, compared to Eaton's stock, which lost 3.98%. This indicates that Eaton's EPS volatility is not isolated, as it is subject to broader sector fluctuations. 6. **Financial Health and Outlook**: Eaton's financial health and growth outlook appear positive, with analysts maintaining a Buy rating and a higher price target of $392. This optimism could stem from Eaton's strong financial health, anticipated revenue growth, and consistent dividend payments. In conclusion, while Eaton's EPS has shown volatility, particularly in the short-term fluctuations within a year, the long-term trend has been upward. The company's financial health and analyst projections suggest that Eaton is well-positioned for future growth, which could mitigate the volatility in its EPS.