earnings
confidence high
sentiment positive
materiality 0.85
Parker-Hannifin reports record Q2 sales $4.67B, adj. EPS $4.76; raises FY guidance
Parker-Hannifin Corp
2023-Q2 EPS reported
$6.03
revenue$8,907,586,000
- Sales $4.67B (+22% YoY); organic sales +10%.
- GAAP EPS $3.04; adjusted EPS $4.76 (record, +7% YoY).
- Total segment operating margin 15.3%; adjusted 21.5%.
- Aerospace segment sales +84% to $1.14B; includes first full Meggitt quarter.
- FY 2023 guidance raised: organic growth 6%-8%, adj. EPS $19.20-$19.70.