Eaton Reports Fourth Quarter Net Income of $1.25 Per Share and Full Year Net Income of $2.27 Per Share; 2009 Free Cash Flow a Record $1.2 Billion; Earnings Expected to Rebound in 2010
ENP Newswire 2010, Jan 26
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ENPNewswire-26 January 2010-Eaton Reports Fourth Quarter Net Income of $1.25 Per Share and Full Year Net Income of $2.27 Per Share; 2009 Free Cash Flow a Record $1.2 Billion; Earnings Expected to Rebound in 2010(C)2010 ENPublishing - http://www.enpublishing.co.uk Release date- 25012010 - CLEVELAND - Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced net income per share of $1.25 for the fourth quarter of 2009, an increase of 28 percent over net income per share of $0.98 in the fourth quarter of 2008. Sales in the quarter were $3.1 billion, 10 percent below the same period in 2008. Net income was $211 million compared to $163 million in 2008, an increase of 29 percent.
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