secwatch.observer — SEC 8-K summary
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Issuer:     Parker-Hannifin Corp (PH)
CIK:        0000076334
Form:       8-K
Filed at:   2022-08-04T23:59:59+00:00
Accession:  0000076334-22-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parker-Hannifin reports record Q4 sales $4.19B, adjusted EPS $5.16; issues FY2023 guidance
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- FY2022 Q4 sales $4.19B (+6% YoY); adjusted net income $671.5M (+16%); adjusted EPS $5.16 (record, +18%).
- Full year adjusted EPS $18.72 (record, +24% vs $15.04); GAAP EPS $10.09 includes $1.02B pre-tax loss on Meggitt hedge contracts.
- Diversified Industrial North America sales +15% to $2.09B; Aerospace sales +7% to $676.2M with margin 24.2%.
- FY2023 guidance: organic sales growth 2-5%, adjusted EPS $18.10-$18.90; excludes Meggitt pending close.
- Meggitt acquisition cleared by UK government; awaiting US DOJ approval; expected Q3 2022 close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76334/000007633422000030/0000076334-22-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76334/000007633422000030/ph-20220804.htm
  HTML page:      https://secwatch.observer/filing/0000076334-22-000030

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