Eaton Q2 Sales $7.03B Up 11%, Adjusted EPS $2.95; Emerson, Cencora, GEO, NRG Also Report Q3/Q2 Earnings

Eaton Corporation reported its second-quarter 2025 earnings with sales of $7.03 billion, surpassing estimates of $6.91 billion and marking an 11% year-over-year increase. Adjusted earnings per share (EPS) reached $2.95, slightly above the estimated $2.92 and reflecting an 8% rise compared to the previous year. Net income stood at $982 million. The company highlighted strong organic growth and record segment margins driven by rising orders and a growing backlog in its Electrical and Aerospace divisions. Eaton's Electrical Americas backlog grew 17% year-over-year, hitting a new all-time record. The company provided a full-year EPS outlook of $10.41 to $10.61 and expects moderate year-over-year growth in sales and revenues for the third quarter. Eaton also anticipates net incremental tariffs of $400 million to $500 million in Q3 2025 and $1.3 billion to $1.5 billion for the full year. Emerson Electric reported third-quarter 2025 adjusted EPS of $1.52, slightly above estimates of $1.51, with net sales of $4.55 billion, slightly below the estimated $4.6 billion, and underlying sales growth of 3%, underperforming the expected 3.95%. Net income was $586 million. Emerson maintained its full-year adjusted EPS guidance of $5.90 to $6.05, near the estimate of $5.99, and projected Q4 adjusted EPS between $1.58 and $1.62. Cencora posted third-quarter 2025 adjusted EPS of $4.00, beating estimates of $3.83, with revenue of $80.7 billion and net income of $687 million, driven by growth in U.S. Healthcare Solutions and benefits from the RCA acquisition. The GEO Group reported second-quarter 2025 revenue of $636.2 million, exceeding estimates of $622 million, a 4.8% increase year-over-year, and adjusted EPS of $0.22, above the estimated $0.17. The company announced a $300 million share repurchase program but provided third-quarter EPS guidance of $0.20 to $0.23, below the estimated $0.26. NRG Energy posted second-quarter 2025 adjusted EPS of $1.73, beating estimates, with revenue of $6.74 billion and a net loss of $104 million. The company signed 295 megawatts of long-term data center agreements with expansion potential up to 1 gigawatt and reaffirmed its 2025 guidance.