Posted May 1, 2018

Eaton sales rise 8 percent

Eaton Corporation reported that sales in the first quarter of 2018 were $5.3 billion, up 8 percent over the same period in 2017.

Net income of $488 million, or $1.10 per share, compared to $435 million, or 96 cents, the the first quarter of 2017.

Hydraulics segment sales were $710 million, up 21 percent over the first quarter of 2017. Organic sales were up 16 percent and currency translation was positive 5 percent.