SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Eaton (ETN) is definitely not overvalued! -- Ignore unavailable to you. Want to Upgrade?


To: Walter Morton who wrote (103)1/20/1999 10:03:00 AM
From: Walter Morton  Respond to of 338
 
The results beat expectations:

"Profit before a charge fell to $91 million, or $1.27 a share, from $129 million, or $1.66, in the fourth quarter of 1997. The results beat expectations of $1.14 a share, the average estimate of analysts surveyed by First Call Corp."

I guess the analysts don't consider one time charges (extraordinary items).