Eaton reported record third-quarter segment margins of 25.3%, above the high end of guidance. Electrical Americas margins improved 230 basis points sequentially. The reports did not specify quantified causes for the margin improvement.
Key facts
Eaton reported record third-quarter segment margins of 25.3%, above the high end of guidance; Electrical Americas margins improved 230 basis points sequentially. source
Eaton’s segment margins were a record 25.3%. source