earnings
confidence high
sentiment positive
materiality 0.80
Parker Hannifin Q1 FY2022: sales $3.76B (+17% YoY), EPS $3.45 (adj $4.26), guidance raised to $14.52-$15.22 GAAP
Parker-Hannifin Corp
2022-Q1 EPS reported
$3.45
revenue$3,762,809,000
- Sales $3.76B (+17% YoY), net income $451.2M (+41%), EPS $3.45 (adj $4.26).
- Segment operating margin 19.7% as reported, 22.0% adjusted; EBITDA margin 20.6% (22.1% adj).
- Diversified Industrial NA sales +17% to $1.79B; Intl sales +22% to $1.38B; Aerospace +3% to $592.7M.
- FY2022 GAAP EPS guidance raised to $14.52-$15.22; adjusted to $16.95-$17.65; 7%-10% organic growth.
- Meggitt acquisition approved by shareholders; court sanction expected in calendar Q3 2022.