CLEVELAND (AP) — Diversified manufacturer Eaton Corp. overcame sluggishness in Europe and China with strong performances in the Western hemisphere to post a nearly 14 percent increase in second-quarter net income.

Its earnings beat Wall Street expectations, sending its shares up almost 5 percent in midday trading. But revenue came in short, and the company also narrowed its earnings guidance for the year, scaling back its growth estimate for the markets it serves.