Why Eaton (ETN) Stock Is Down Today

NEW YORK (TheStreet) -- Eaton  was falling 6.9% to $71.42 Tuesday after missing analysts' estimates for revenue in the second quarter and cutting its full-year guidance. For the second quarter Eaton reported earnings of $1.11, in line with analysts' expectations. Revenue grew 2.9% year-over-year to $5.76 billion for the quarter. Analysts surveyed by Thomson Reuters expected revenue of $5.78 billion for the quarter. Looking to full-year 2014, Eaton now expects earnings of $4.50 to $4.70 a share...