Parker-Hannifin (PH) Tops Q1 EPS by 56c, Offers Guidance

Parker-Hannifin (NYSE: PH) reported Q1 EPS of $4.74, $0.56 better than the analyst estimate of $4.18. Revenue for the quarter came in at $4.23 billion versus the consensus estimate of $3.93 billion.

GUIDANCE:

Parker-Hannifin sees FY2023 EPS of $18.60-$19.30, versus the consensus of $18.54.

• The company expects fiscal 2023 organic sales growth to be in the range of 4.5% to 7.5%

For earnings history and earnings-related data on Parker-Hannifin (PH) click here.

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