Parker-Hannifin (PH) Tops Q2 EPS by 30c; offers guidance

Parker-Hannifin (NYSE: PH) reported Q2 EPS of $6.53, $0.30 better than the analyst estimate of $6.23. Revenue for the quarter came in at $4.7 billion versus the consensus estimate of $4.81 billion.

GUIDANCE:

Parker-Hannifin sees FY2025 EPS of $26.40-$27.00, versus the consensus of $26.74.

Sales growth in fiscal 2025 of (2%) to 1%, with organic sales growth of approximately 2%; divestitures of (1.5%) and unfavorable currency of (1.0%)

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

You May Also Be Interested In

• Deutsche Bank Upgrades Danone SA (BN:FP) (DANOY) to Hold
• UBS Downgrades Buzzi Unicem SpA (BZU:IM) (BZZUY) to Sell
• Kepler Cheuvreux Downgrades Derwent London Plc. (DLN:LN) (DWVYF) to Reduce