Eaton is trading 6.89% up at $391.31 after reporting record third-quarter adjusted EPS and raising its full-year outlook.
- Adjusted EPS was $3.68 versus the $3.54 analyst estimate; record revenue reached $8.95 billion, and organic sales growth was 19%, above the high end of guidance.
- Full-year adjusted EPS outlook rose to $13.70–$13.80; Electrical backlog grew 46% year over year amid strong data-center demand.
- Shares rebounded sharply after recent declines; no live volume figure was provided. The results and guidance were the clear company-specific catalyst for the November 3 move.