secwatch.observer — SEC 8-K summary
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Issuer:     Parker-Hannifin Corp (PH)
CIK:        0000076334
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0000076334-23-000025
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 Q3 sales $5.1B, adj. EPS $5.93, raises FY guidance
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- Sales $5.1B (+24% YoY); organic sales +12%; record quarterly revenue.
- Adjusted EPS $5.93 (+23% YoY); net income $590.9M ($771.9M adjusted).
- Debt reduction of $615M in the quarter; cash from ops $1.8B YTD (+16%).
- Raised FY23 organic growth guidance to ~10%; adj. EPS guidance to $20.60-$20.90.
- Aerospace Systems sales surged 89% to $1.2B; segment orders +25% on rolling 12-month basis.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76334/000007633423000025/0000076334-23-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76334/000007633423000025/ph-20230504.htm
  HTML page:      https://secwatch.observer/filing/0000076334-23-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer