secwatch.observer — SEC 8-K summary
======================================

Issuer:     Parker-Hannifin Corp (PH)
CIK:        0000076334
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0000076334-23-000060
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Parker-Hannifin Q1 FY24 EPS $5.96 adj (+26% YoY); sales record $4.8B, raises FY24 guidance
--------------------------------------------------------------------------------

- Sales $4.8B (+15% YoY); organic sales +2%; record quarter.
- Adj EPS $5.96 vs $4.74 prior year (+26%); GAAP EPS $4.99.
- Segment adj op margin record 24.9% (+220 bps); all segments above 24%.
- Aerospace segment sales +65% to $1.2B; adj op margin 26.0% (+610 bps).
- FY24 guidance raised: adj EPS $22.60-$23.40; sales growth 2.5%-5.5%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/76334/000007633423000060/0000076334-23-000060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/76334/000007633423000060/ph-20231102.htm
  HTML page:      https://secwatch.observer/filing/0000076334-23-000060

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