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.

ETN Diluted EPS YoY, Diluted EPS

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.