secwatch.observer — SEC 8-K summary
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Issuer:     Parker-Hannifin Corp (PH)
CIK:        0000076334
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0000076334-22-000045
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 Q1 sales $4.23B, adjusted EPS $4.74, raises FY2023 guidance
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- Record Q1 sales $4.23B (+12% YoY); adjusted net income $615.5M, adjusted EPS $4.74 (record, +11% YoY).
- Adjusted total segment operating margin 22.7%, up 70 bps; adjusted EBITDA margin 23.3%, up 120 bps.
- North American Industrial sales +19% to $2.13B; International -2% to $1.36B; Aerospace +26% to $746M.
- FY2023 guidance raised: organic growth 4.5%-7.5%; adjusted EPS $18.60-$19.30.
- Completed acquisition of Meggitt plc; integration underway and expects synergies.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76334/000007633422000045/0000076334-22-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76334/000007633422000045/ph-20221103.htm
  HTML page:      https://secwatch.observer/filing/0000076334-22-000045

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