ETN · PEAD → 0

Eaton reported Q1 2026 results on 2026-04-30; consensus EPS was $2.73 (actual not yet in our feed).

Print-day reaction was a sharp +5.4% versus the prior close, as the market responded positively to the Q1 report. The overnight gap into T+1 added a further +0.5%, suggesting no immediate fade in after-hours trading. Over the subsequent two trading days, however, the stock surrendered much of that gain, drifting –3.5% and erasing the post-earnings lift. Cumulative abnormal return of –1.7% versus SPY.US sits well within the –3%/+3% neutral band, yielding a PEAD verdict of none; no drift signal is read through the holding window ending 2026-07-28.