NEW YORK (TheStreet) -- Shares of Eaton (ETN - Get Report) were gaining 7.8% to $69.39 Tuesday after the power management company beat analysts' estimates for earnings in the fourth quarter.

Eaton reported earnings of $1.27 a share for the fourth quarter, above analysts' estimates of $1.20 a share. Revenue increased 0.7% year over year to $5.57 billion for the fourth quarter, compared to analysts' estimates of $5.59 billion.

The company said it expects to report earnings of 95 cents to $1.05 a share for the first quarter, below analysts' estimates of $1.11 a share.

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Looking to full year 2015, Eaton said it expects earnings of $4.75 to $5.05 a share, compared to analysts' estimates of $4.97 a share.

TheStreet Ratings team rates EATON CORP PLC as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:

"We rate EATON CORP PLC (ETN) a BUY. This is driven by multiple strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow."

You can view the full analysis from the report here: ETN Ratings Report

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