What move does the options market price into Eaton's report?

Implied ±5.0%, either direction.

How often does Eaton move more than the options market prices?

2 of the last 8 reports moved at least as far as the implied move.

ETNNYSEMisc Industrial & Commercial Machinery & Equipment

Eaton Corp plc (ETN) earnings date, market-implied expected move, and options open interest by expiry

371.00

Closed19:25 ET

Open381.01Volume3.6MMkt cap$143.7BP/E37.70EPS9.84Div yield1.17%

Day366.15 – 382.0031%52-wk309.33 – 478.0037%

ETN

Eaton Corp plc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±5.0%implied · report alone

8Q avg ±3.1%·×1.61·rich

351.56388.38

straddle ±6.3%

spot 369.97exp Nov 6ATM strike 370ATM straddle 27.60IV 67%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 3

before open · in 2 days

est.Q3 FY26

Calendar

Next report

Last report

+7.32%

vs ±5.9% implied · ×1.23

shaded = implied · ▲▼ = realized

Jul 31 '26 · confirmed

Implied vs realized

Linked news

2dEMBJ · customerEmbraer changes ADS ratio to one ADS per one common share, 3 additional ADSs per ADS
3dPCAR · customerPaccar Q3 net income $847.5 million, EPS $1.61
44dCHPT · supplierChargePoint Just Gained 61% in a Month: Is It Too Late to Buy CHPT Stock Now?

News

Largest filed tie

13F top-10 QoQ

−0.87%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

2,691 managers

Top fund weight

2.87%

ETN weight · XLI

N-PORTJun 30 '26

13 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Eaton (ETN) is expected to report on Nov 3 before open (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±4.8%
avg realized: ±3.1%

Oct 31 '24Oct 31 '24confirmed±5.8%▼−3.28%×0.57

Jan 31 '25Jan 31 '25confirmed±4.0%▼−0.20%×0.05

May 2 '25May 2 '25confirmed±4.1%▼−0.65%×0.16

Aug 5 '25Aug 5 '25confirmed±4.0%▼−7.36%×1.84

Nov 4 '25Nov 4 '25confirmed±5.0%▼−2.29%×0.46

Feb 3 '26Feb 3 '26confirmed±4.4%▲+0.86%×0.19

Q1 FY26May 5 '26confirmed±5.1%▼−2.74%×0.54

Q2 FY26Jul 31 '26confirmed±5.9%▲+7.32%×1.23

quarterimplied−10%0+10%realized×

Q2 FY26±5.9%▲+7.32%×1.23

Q1 FY26±5.1%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 10 expiries · Oct 30 close

0.12OI · 10 expiries · Oct 30 closeP/C open interest · Nov 6 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

5,9150%Nov 65d49,4490%

3,237−1%Nov 1312d6.06534+9%6.06

10,475+3%Nov 2019d0.2344,9950%0.23

701+2404%Nov 2726d2.91241+1168%2.91

46+35%Dec 433d0.182500%0.18

5 later expiries

1—Dec 1140d—0——

10,5500%Dec 1847d1.55

ExpiryPutsCallsP/C

Nov 65d5,9150%49,4490%0.12

Nov 1312d3,237−1%534+9%6.06

Nov 2019d10,475+3%44,9950%0.23

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±6.3%

Funds 4

XLI±0.2%

GLO±0.1%

JEPI±0.1%

FTC±0.0%

Suppliers 1

CMI±3.8%×0.60

Customers 1

PCAR±1.7%×0.27

Dashed = straddle · × = co-movement · max 500dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

9.65%as filednet margin · revenue +14.49% QoQ · +21.39% YoY

Revenue

$8.5B+14.49% QoQ

Electrical Americas $4.0B

Electrical Global $2.5B

Aerospace $1.2B

Mobility $841M

Gross profit

$2.9B+7.65% QoQ

33.47% margin

Operating income

$1.4B+18.77% QoQ

16.32% margin

Pre-tax income

$1.1B+3.34% QoQ

Net income

$823M−5.18% QoQ

9.65% margin

Cost of revenue

$5.7B+18.27% QoQ

Operating expenses

$1.5B−1.15% QoQ

SG&A $1.2B

R&D $227M

Other expense

$248M

Tax

$321M+33.75% QoQ

Revenue$8.5B+14.49%

Electrical Americas $4.0B · Electrical Global $2.5B

Gross profit

$2.9B+7.65%

33.47% margin

Operating income

$1.4B+18.77%

16.32% margin

Pre-tax income

$1.1B+3.34%

Net income

$823M−5.18%

9.65% margin

Cost of revenue

$5.7B+18.27%

Operating expenses

$1.5B−1.15%

SG&A $1.2B

R&D $227M

Other expense

$248M

Tax$321M+33.75%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 19:15 ET

Intraday

Event sensitivity

CPI ×1.52· ±2.4% vs ±1.6% · 11 releases

eventrelease day|move|up · n×base

CPIconsumer prices±2.4%6 of 11×1.52

NFPjobs report±2.3%5 of 10×1.47

FOMCrate decision±2.0%17 of 25×1.31

GDPgross domestic product±1.9%12 of 20×1.25

PCEpersonal income & outlays±1.8%10 of 20×1.17

CPROFcorporate profits±1.7%6 of 12×1.11

PPIproducer prices±1.3%3 of 11×0.83

Bar = avg |move| to ±3% · tick = ±1.6% avg day · ×base = |move| ÷ ±1.6% · min 6 releases

Earnings history

EPS 2.11 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jul 31 '26 · confirmed	2.11	—
Q1 FY26	May 5 '26 · confirmed	2.22	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod