Earnings DashboardMiss
ETN
reportedEATON CORPORATION PLC
Time TBDlarge capTuesday, May 5, 2026
Expected Move Analysis
Expected
8.4%
Current Stock Price
$408.19
Expected Move
±8.4%
±$34.25
IV Rank
66
High
Put/Call Ratio
0.90
Bullish bias
Earnings Results
Earnings Per Share (EPS)
Estimate
$2.75
Actual
$2.72
Analysis & Commentary
EATON CORPORATION PLC (ETN) reports earnings Tuesday . Consensus EPS estimate is $2.75.
IV Rank is elevated at 66, indicating options premiums are pricing in a larger-than-usual move. This creates an edge for premium sellers — the IV crush after the event can be significant.
An iron butterfly at the money could be effective here. The defined-risk structure works well when you expect the stock to stay near current levels after the report.
Enter the position 1-2 days before earnings to capture the final IV ramp. Plan to close the morning after the report once IV collapses — don't hold hoping for further decay.